This study, based on a new Canadian survey and adjusting for the causality issue, reconfirms the positive value of having financial advice. As in our earlier paper, the discipline imposed by a financial advisor on households’ financial behaviour and increased savings of advised households are key to improving asset values of households relative to comparable households without an advisor. Benefitting from a subset of participants in both surveys, dropping an advisor between 2010 and 2014 was costly: those households lost a significant percentage of their asset values while the households who kept their advisor have gained in asset values.

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Dernières publications

2017s-08 CS
An experimental investigation of rating-market regulation
Claudia Keser, Asri Özgümüs, Emmanuel Peterlé et Martin Schmidt
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2017s-07 CS
Statistical tests of the demand for insurance: an “all or nothing” decision
Anne Corcos, François Pannequin et Claude Montmarquette
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2017RP-02 RP
Politiques favorables à l’innovation en santé
Nadia Benomar, Joanne Castonguay, Marie-Hélène Jobin et François Lespérance
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2017RP-01 RP
Évaluation économique du service de premiers répondants sur le territoire de l’agglomération de Montréal
Nathalie de Marcellis-Warin, François Vaillancourt, Ingrid Peignier, Brigitte Bouchard-Milord et Alain Vaillancourt
(document non-disponible)

2017MO-02 MO
Perception des risques - Baromètre Cirano 2017
Nathalie de Marcellis-Warin et Ingrid Peignier
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