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New Evidence on Asset Location from the Survey of Consumer Finances


  • Yothin Jinjarak

    (Department of Financial and Management Studies, SOAS, University of London, London, UK)

  • Jie Zhou

    (Division of Economics, Nanyang Technological University, Singapore, Singapore,


This article provides new evidence on household asset location decisions using the latest Survey of Consumer Finances (SCF). The authors find that the difference between the equity share in tax-deferred accounts (TDAs) and the equity share in taxable accounts (TAs), a measure of asset location in the article, declined significantly after 2001. They also discuss potential explanations of the change in asset location.

Suggested Citation

  • Yothin Jinjarak & Jie Zhou, 2011. "New Evidence on Asset Location from the Survey of Consumer Finances," Public Finance Review, , vol. 39(4), pages 594-615, July.
  • Handle: RePEc:sae:pubfin:v:39:y:2011:i:4:p:594-615

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