Household Finance in Retrospect and Prospect

John Y Campbell and Tarun Ramadorai

No 21004, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: Household finance research has come of age during the early 21st Century by exploiting computational advances for solving complex optimization problems, the availability of large administrative datasets, the development of microeconometrics for causal inference, and new paradigms in behavioral economics. We discuss the distinctive concerns of household finance in relation to other fields of financial economics, and we outline directions for the future growth of the field.

Keywords: Household; finance (search for similar items in EconPapers)
JEL-codes: G50 (search for similar items in EconPapers)
Date: 2026-01
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