This special issue examines how three interconnected forces—digital finance, demographic shifts, and behavioral decision-making—are transforming household financial behavior. Digital finance technologies are lowering barriers to entry and enabling personalized services, while demographic changes such as aging populations and evolving family structures are reshaping household risk management. Understanding how households make financial decisions remains critical to comprehending financial markets and macroeconomic dynamics.
The issue welcomes research using high-quality micro-level datasets to investigate how household-level financial choices aggregate into market-wide and macroeconomic effects. Contributions should address the complexity and heterogeneity of household financial decision-making across consumption, investment, borrowing, and wealth management activities, drawing insights from economics, finance, behavioral science, and data science.