Tesi di LAUREA SPECIALISTICA
TitoloConvergenza dei portafogli delle fammiglie nei paesi dell OECD
Data2009-04-20
Autore/iPedrina, Valeria
RelatoreBarucci, E.
Full textnon disponibile
AbstractIn this paper I study financial systems convergence analysing household asset allocation. I search the convergence through two methods: 1. Using disposable income as a scale variable, I analyze [sigma] and [beta] convergence of total household financial assets and their main components: deposits, securities other than shares, shares and other equity, insurance technical reserves. 2. Using disposable income as a scale variable, I search convergence of the financial product directly from the property of the time series. I’m going to show why the two methods come to different conclusion, and for this reason I’m going to explain advantage and disadvantage for each method.