Ciclo de vida e motivações financeiras

Kátia Carvalho, Mabel Nascimento and Marcelo Neri

No 393, FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil)

Abstract: This paper attempts to describe the process of acumulation and desacumulation of financial holdings across the life-cycle. The paper is divided in two parts, in the first, we survey the theoretical literature on the long run motivations behind the demand for financial assets by household units. In the second part, we evaluate the empirical relevance of these motivations using a series of Brazilian household surveys. In particular, we use a qualitative survey implemented by the Associação Brasileira de Crédito e Poupança (ABECIP).

Date: 2000-07-01
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:fgv:epgewp:393

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