Special Issue "Personal Finance"
A special issue of International Journal of Financial Studies (ISSN 2227-7072).
Deadline for manuscript submissions: 31 May 2019
Since the work of Campbell (2006), academic studies on household finance have developed at a growing pace, addressing several problems specific to the decision process of households who try to attain their consumption-saving objectives using the existing financial instruments.
Behavioral finance has shown that households are subject to many cognitive biases that make it hard to reconcile their decisions with standard models. The growing number and complexity of financial products has exposed households to increasingly complex portfolio decision problems. An expanding literature on financial literacy and financial education has shown that individual investors often fail to understand basic financial concepts, such as interest compounding and risk diversification, and investigated the effect of such low levels of knowledge on their financial behavior. Many households seek advice from professionals or other experts, who often have biased interests, so that the impact of such advice on the return of households’ portfolios is still debated.
In the real world, financial technology (FinTech) is revolutionizing the financial services industry and both real estate and financial securities valuations are at a historical height, making the choice of households who want to plan over long horizons particularly hard.
This Special Issue aims to collect original contributions in one of the above fields, hoping to contribute in a decisive way to the academic debate on household financial decisions.
Prof. Riccardo Calcagno
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. International Journal of Financial Studies is an international peer-reviewed open access quarterly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charges (APCs) of 350 CHF (Swiss Francs) per published paper are partially funded by institutions through Knowledge Unlatched for a limited number of papers per year. Please contact the editorial office before submission to check whether KU waivers, or discounts are still available. Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
- households portfolio diversification and risk-management
- real estate market
- long-term and retirement saving
- financial literacy
- financial education
- financial advice
- financial technology and households financial decision making