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This paper investigates the role of birth order on managerial behavior using rich data on familial background of US mutual fund managers. We find that managers who are born later in the sibling hierarchy take on more investment risks relative to first-born managers, but perform worse. Motivated...
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This paper investigates the impact of demographic shocks on optimal decisions about saving, life insurance, and, most centrally, asset allocation. The analysis indicates that marital-status transitions can have important effects on optimal household decisions, particularly in the cases of...
Persistent link: https://www.econbiz.de/10013148645
This paper examines the impact of birth order on financial decision making. In lieu of explanations such as dissimilar parental style across children with different birth orders (due to learning and experience) or the existence of sibling externalities commonly offered in the literature to...
Persistent link: https://www.econbiz.de/10014349691
's marriage using the China Family Panel Studies data over the 2010-2020 period, this paper finds that 2 years after children …
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children choosing self-employment as a way of balancing work and family commitments. This paper studies the relationship … between children and female self-employment in a country with family friendly policies and a generous welfare system: Sweden … women since there are other institutions in place aiming at facilitating the combination of work and family. Using Swedish …
Persistent link: https://www.econbiz.de/10010408826