Portfolio Choice in the Presence of Housing

By João F. Cocco. 2005

973 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/f96fe8c89652167e36751c45123f98d1caba9fe1

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Luigi Guiso
2. Rui Yao
3. Stephanie E. Curcuru
4. D. Moore
5. Stijn Van Nieuwerburgh
6. Miquel Faig
7. P. Shum
8. A. Fagereng

In Economics and Econometrics

1. Stijn Van Nieuwerburgh
2. Luigi Guiso
3. Johannes Stroebel
4. Rui Yao
5. Miquel Faig
6. P. Shum
7. Albert Saiz
8. A. Fagereng

In Finance

1. Luigi Guiso
2. Rui Yao
3. Stephanie E. Curcuru
4. D. Moore
5. J. Heaton
6. Miquel Faig
7. P. Shum
8. Stijn Van Nieuwerburgh

Citations in the corpus

• Modelling the demand for housing over the life cycle (2012, background): “3Examples include the model of Ortalo-Magné and Rady (2006) in which the assumption is an analytical convenience, and computational contributions such as Li and Yao (2007), Cocco (2005), Yao and Zhang (2005) and Campbell and Hercowitz (2004).”
• Household Portfolios and Implicit Risk Preference (2011, background): “since house price risk generates hedging needs (Flavin and Yamashita, 2002; Pelizzon and Weber, 2008) and crowds out stock holdings (Cocco, 2005).”
• Housing, Consumption, and Asset Pricing (2007, neutral): “Cocco (2005) , Flavin and Yamashita (2002), and Flavin and Nakagawa (2005) consider portfolio choice with exogenous returns in the presence of housing.”
• Handbook of Consumer Finance Research (2008, background): “…given a range of time horizons and risk tolerance (Campbell & Viceira, 2002 ), and how household portfolios should be tailored when income is uncertain, when borrowing constraints exist, and when most of a household’s wealth is in housing (Cocco, 2005 ; Guiso, Jappelli, & Terlizzese, 1996 ).”
• Housing, Consumption and Asset Pricing (2007, neutral): “Cocco (2005), Flavin and Yamashita (2002), and Flavin and Nakagawa (2005) consider portfolio choice with exogenous returns in the presence of housing.”
• Wall Street and the housing bubble (2014, neutral): “16”
• Borrowing Costs and the Demand for Equity over the Life Cycle (2006, neutral): “[14] Cocco, J.”
• What Drives Personal Consumption? The Role of Housing and Financial Wealth (2009, neutral): “4See Grossman and Laroque(1990), Flavin and Yamashita (2000), Cocco (2005) , Hu (2005), Yao”
• Why Do Household Portfolio Shares Rise in Wealth (2010, positive): “Second, the purchase of housing and small fixed costs can crowd out stocks from the household’s portfolio early in life (Cocco, 2005; Hu, 2005; Yao and Zhang, 2005).”