• The housing channel of intergenerational wealth persistence 

      Getz Wold, Ella; Aastveit, Knut Are; Eylands Brandsaas, Eirik; Enger Juelsrud, Ragnar; James Natvik, Gisle (HOFIMAR Working Paper Series;6/2024, Working paper, 2024-09)
      We use Norwegian micro data and a life-cycle model with housing to study how wealth transmits across generations through the housing market. A mediation analysis reveals large housing gaps based on parental wealth. A ...
    • Social Interaction in the Family: Evidence from Investors’ Security Holdings 

      Knüpfer, Samuli; Rantapuska, Elias; Sarvimäki, Matti (Peer reviewed; Journal article, 2022)
      We show that investors tend to hold the same securities as their parents. This intergenerational correlation is stronger for mothers and family members who are more likely to communicate with each other. An instrumental ...