Ehrlich, Isaac; Yin, Yong - In: Asian development review : studies of Asian and pacific … 39 (2022) 1, pp. 5-50
Korea relative to the United States. Our comparative analysis, using macro-level and harmonized longitudinal household … individual management of risky financial portfolios. We find that educational and health attainments of household heads and … household wealth lead to a greater tendency to hold and manage risky assets. Our decomposition analysis also shows that the gap …