This policy brief examines overplacement in households’ risk perceptions: overplacement describes the tendency of individuals to underestimate their likelihood of experiencing certain negative financial shocks…
Among the consequences of the COVID-19 pandemic were disruptions to household finances.U.S. households were buffeted by many negative shocks, such as inflation, unemployment, investment or business losses, or…
Household financial resilience is related to the availability of financial resources but also to the ability to anticipate and assess future situations and prepare for them accordingly. Overplacement describes…
