• Asset market participation and portfolio choice over the life-cycle 

      Fagereng, Andreas; Gottlieb, Charles; Guiso, Luigi (Discussion papers;758, Working paper, 2013-10)
      We study the life cycle of portfolio allocation following for 15 years a large random sample of Norwegian households using error-free data on all components of households' investments drawn from the Tax Registry. Both, ...
    • Heterogeneity and Persistence in Returns to Wealth 

      Fagereng, Andreas; Guiso, Luigi; Malacrino, Davide; Pistaferri, Luigi (Discussion Papers;912, Working paper, 2019-07)
      We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, individuals ...
    • House ownership and taxes 

      Harding, Torfinn; Solheim, Haakon O. Aa; Benedictow, Andreas (Discussion Papers;No. 395, Working paper, 2004)
      Abstract: The household portfolio is dominated by a small number of assets; primarily housing and mortgages. We compare data on actual portfolios of Norwegian households with estimated optimal portfolios, using traditional ...
    • Saving and portfolio allocation before and after job loss 

      Basten, Christoph; Fagereng, Andreas; Telle, Kjetil (Discussion Papers;672, Working paper, 2012)
      Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth and asset holdings over a nine-year period surrounding job loss. Consistent with a simple theoretical ...