Grant, Charles B. - In: Journal of Risk and Financial Management 15 (2022) 2, pp. 1-28
This paper investigates the role of children in explaining the life-cycle pattern of consumption (which is hump … of U.K. households was exploited to investigate whether currently childless households that anticipate having children … behave differently from similar households that do not anticipate children. Spending for each group at different ages was …