on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … factors for households and compare these estimates of their patience to their replacement rates-the simple measure often used … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …

We explore the link between child gender and household financial decisions within a cultural environment that strongly … favours having a son. Using data from the China Household Finance Survey (CHFS), we find that the presence of a daughter is …