Sheffield Household Finance Research Group

Photo of man and woman working on a calculator at home
Off

The Sheffield Household Finance Research Group empirically explores a range of aspects relating to household financial behaviours and outcomes.  The area of household finance has received an increased amount of attention over the past two decades and remains high on both policy and research agendas. 

We are committed to producing real world empirical evidence relating to policy relevant research questions. Members of the Household Finance Research Group have expertise in the following areas: 

  • Financial portfolio allocations
  • Household debt accumulation and saving decisions
  • Intersections between the macro-economy and household finances
  • Poverty and inequality
  • Subjective financial position
Upcoming event

Household Finance Workshop, 16th of June 2023.

The Sheffield Household Finance Research Group will host their third workshop on the 16th of June 2023 and the keynote speaker for this event is Professor Michael Haliassos. The workshop will bring together world-leading researchers in the area of household finance and provide an interactive platform for discussion relating to recent developments in the field of household finances. Registration for the event is free and will open in April

Research group leader:

Daniel Gray


Academic staff: 

Karl Taylor

Alberto Montagnoli

Pamela Lenton

Sarah Brown

Raslan Alzuabi

Gurleen Popli

Mallory Yeromonahos

Mich Tvede


Representative publications

Görtz C and Mallory Yeromonahos (2022) Asymmetries in risk premia, macroeconomic uncertainty and business cyclesJournal of Economic Dynamics and Control, 137.

Hervé Crès and Mich Tvede (2022) Corporate self-regulation of imperfect competition. Economic Theory. 

Hervé Crès and Mich Tvede (2022) Aggregation of opinions in networks of individuals and collectives. Journal of Economic Theory, 199.

Alzuabi R, Sarah Brown, Daniel Gray, Harris M & Spencer C (2021) Household saving, health, and healthcare utilization in JapanOxford Economic Papers, 74(2), 473-497.

Daniel Gray, Alberto Montagnoli & Moro M (2021) Does education improve financial behaviors? Quasi-experimental evidence from BritainJournal of Economic Behavior and Organization, 183, 481-507.

Sarah Brown, Daniel Gray, Harris MN & Spencer C (2021) Household portfolio allocation, uncertainty, and riskJournal of Empirical Finance, 63, 96-117.

Sarah Brown, Ghosh P, Daniel Gray, Pareek B & Roberts J (2021) Saving behaviour and health: A high-dimensional Bayesian analysis of British panel dataThe European Journal of Finance, 27(16), 1581-1603.

Sarah Brown, Ghosh P, Pareek B & Karl Taylor (2021) The protective role of saving: Bayesian analysis of British panel dataJournal of Empirical Finance, 63, 57-72.

Sarah Brown, Kontonikas A, Alberto Montagnoli, Moro M & Onnis L (2021) Life satisfaction and austerity: Expectations and the macroeconomyJournal of Behavioral and Experimental Economics, 95, 1-11.

Sarah Brown, Daniel Gray & Alberto Montagnoli (2019) Credit supply shocks and household leverage: Evidence from the US banking deregulation, Journal of Financial Stability, 43, 97-115. 

Alberto Montagnoli, & Moro, M (2018). The cost of banking crises: New evidence from life satisfaction dataKyklos71(2), 279-309.

Cao, Y, Gregory-Smith, I, & Alberto Montagnoli (2018). Transmission of liquidity shocks: Evidence on cross-border bank ownership linkagesJournal of International Financial Markets, Institutions and Money53, 158-178.

Hervé Crès and Mich Tvede (2018) Regulation of trades based on differences in beliefs. European Economic Review, 101, 133-141.

Dickerson A & Gurleen Popli (2017) The Many Dimensions of Child Poverty: Evidence from the UK Millennium Cohort StudyFiscal Studies, 41(4), 851-881.


Household Finance Workshop Series:  

Upcoming event

Household Finance Workshop, 16th of June 2023.

The Sheffield Household Finance Research Group will host their third workshop on the 16th of June 2023 and the keynote speaker for this event is Professor Michael Haliassos. The workshop will bring together world-leading researchers in the area of household finance and provide an interactive platform for discussion relating to recent developments in the field of household finances. Registration for the event is free and will open in April.

Previous events

Programme: Household Finance Workshop 2019

Programme: Household Finance Workshop 2017

Flagship institutes

The University’s four flagship institutes bring together our key strengths to tackle global issues, turning interdisciplinary and translational research into real-world solutions.