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This study examines the role of actual and perceived financial sophistication (i.e., financial literacy and confidence) for individuals' wealth accumulation. Using survey data from the German SAVE initiative, we find strong gender- and education-related differences in the distribution of the two...
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Using employees' longitudinal data, we study the effect of working hours on the propensity of firms to sponsor training of their employees. We show that, whereas male part-time workers are less likely to receive training than male full-timers, part-time working women are as likely to receive...
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In this paper, we test if households where women participate in decisions regarding children's education and allocation of household education budgets incur more equal expenditures on education of boys and girls. Moreover, we test if women's awareness of gender equality can reduce inequality...
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This paper aims at examining the influence of households' demographic characteristics on their savings behavior in the … model of savings behavior. It is concluded from the analysis that the preference of savings motive differs from one country … to another. However, it is shown that education is highly ranked in all countries as the most preferred savings motive …
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