Hector Calvo-Pardo
Biographic Data
| ID | 6473500 |
|---|---|
| NAME | Hector Calvo-Pardo |
| GIVEN NAMES | Hector |
| FAMILY NAME | Calvo-Pardo |
| SIGNATURE | CALVO-PARDO H |
| AFFILIATIONS | University of Southampton |
| ORCID | 0000-0001-6645-4273 |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 3 |
| WORKS AS AUTHOR | 8 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 1 |
Informative social interactions
Household finances are confidential and discussions are limited to a subset of peers. We collect novel representative survey data to examine separately whether interactions with inner and outer social circles influence return perceptions, expectations, and exposure to a widely known financial instrument in a developed economy with multiple information sources. We find that a respondent’s connectedness, proxied by perceived prevalence of informati…
Informative Social Interactions
Endogenous Non-Tradable Earnings and Householdss Demand for Risky Assets
Subjective Return Expectations, Information and Stock Market Participation
Temperance in Stock Market Participation
We explore empirically whether earnings uncertainty and borrowing constraints deter households from the stock market, consistent with the predictions of theoretical studies of portfolio choice in the presence of uninsurable earnings. Since recent extensions highlight the importance of the correlation between earnings and financial risks, here we use a self‐assessed proxy from the DELTA‐TNS 2002 cross‐sectional survey to empirically assess the imp…
Les Français sont-ils prudents ? Patrimoine et risque sur le marché du travail
Bildung von Rücklagen für unvorhergesehene Ereignisse“, so begann Keynes (1936) seine Liste der "acht wichtigsten subjektiven Motive oder Gründe, weshalb die Menschen ihre Einkünfte nicht ausgeben möchten“. Für dieses Vorsichtssparen - insbesondere aufgrund der Unwägbarkeiten im Hinblick auf die künftigen Einkünfte - nahmen dreißig Jahre später Leland (1968), Sandmo (1970) oder Drèze und Modigliani (1972) eine Modellierung vor, die von Kimball (1…
Temperant Portfolio Choice and Background Risk
Portfolio Choice With a Correlated Background Risk
Les Français sont-ils prudents ? Patrimoine et risque sur le marché du travail
Bildung von Rücklagen für unvorhergesehene Ereignisse“, so begann Keynes (1936) seine Liste der "acht wichtigsten subjektiven Motive oder Gründe, weshalb die Menschen ihre Einkünfte nicht ausgeben möchten“. Für dieses Vorsichtssparen - insbesondere aufgrund der Unwägbarkeiten im Hinblick auf die künftigen Einkünfte - nahmen dreißig Jahre später Leland (1968), Sandmo (1970) oder Drèze und Modigliani (1972) eine Modellierung vor, die von Kimball (1…
Temperance in Stock Market Participation
We explore empirically whether earnings uncertainty and borrowing constraints deter households from the stock market, consistent with the predictions of theoretical studies of portfolio choice in the presence of uninsurable earnings. Since recent extensions highlight the importance of the correlation between earnings and financial risks, here we use a self‐assessed proxy from the DELTA‐TNS 2002 cross‐sectional survey to empirically assess the imp…
Portfolio Choice With a Correlated Background Risk
Temperant Portfolio Choice and Background Risk
Les Français sont-ils prudents ? Patrimoine et risque sur le marché du travail
Bildung von Rücklagen für unvorhergesehene Ereignisse“, so begann Keynes (1936) seine Liste der "acht wichtigsten subjektiven Motive oder Gründe, weshalb die Menschen ihre Einkünfte nicht ausgeben möchten“. Für dieses Vorsichtssparen - insbesondere aufgrund der Unwägbarkeiten im Hinblick auf die künftigen Einkünfte - nahmen dreißig Jahre später Leland (1968), Sandmo (1970) oder Drèze und Modigliani (1972) eine Modellierung vor, die von Kimball (1…
Temperance in Stock Market Participation
We explore empirically whether earnings uncertainty and borrowing constraints deter households from the stock market, consistent with the predictions of theoretical studies of portfolio choice in the presence of uninsurable earnings. Since recent extensions highlight the importance of the correlation between earnings and financial risks, here we use a self‐assessed proxy from the DELTA‐TNS 2002 cross‐sectional survey to empirically assess the imp…
Endogenous Non-Tradable Earnings and Householdss Demand for Risky Assets
Subjective Return Expectations, Information and Stock Market Participation
Informative Social Interactions
Informative social interactions
Household finances are confidential and discussions are limited to a subset of peers. We collect novel representative survey data to examine separately whether interactions with inner and outer social circles influence return perceptions, expectations, and exposure to a widely known financial instrument in a developed economy with multiple information sources. We find that a respondent’s connectedness, proxied by perceived prevalence of informati…
Financial Literacy, Pension, Retirement Analysis (8 works) · Economics (6 works) · Financial Markets and Investment Strategies (6 works) · Housing Market and Economics (6 works) · Financial economics (4 works) · Business (3 works) · Earnings (3 works) · Econometrics (3 works) · Finance (3 works) · Portfolio (3 works)