This paper bridges the financial market and the marriage market using a reference-dependent mechanism. Male-biased sex … reference level of marriage expenditure for such families. Using the 2013 China Household Finance Survey data, we find that a 0 …

The financial risk tolerance of married couples was examined in order to determine if assertiveness impacted their … and the Couples' Risk Tolerance Questionnaire. Although asset ownership and the wife's cohort affected the couple …'s assertiveness, assertiveness itself did not notably impact their combined financial or portfolio risk tolerance. However, wife …

The financial risk tolerance of married couples was examined in order to determine if assertiveness impacted their … and the Couples' Risk Tolerance Questionnaire. Although asset ownership and the wife's cohort affected the couple …'s assertiveness, assertiveness itself did not notably impact their combined financial or portfolio risk tolerance. However, wife …

dataset covering 1% of German households for the period 1995-2009, we analyse the return and risk properties that can be … expected from human capital contracts. We find that funds of human capital contracts provide low risk exposures to stocks and … bonds. As a result, risk-adjusted returns of funds of human capital contracts are signicantly positive under fairly weak …

, informational frictions, or non standard preferences. We demonstrate that once human capital investment is allowed, standard theory …