hold diversified portfolios of financial assets. The analysis is based on household survey data from the German …

reference level of marriage expenditure for such families. Using the 2013 China Household Finance Survey data, we find that a 0 …

This paper analyses the relation between individual migrations and the risk attitudes of other household members when … migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution … of risk attitudes among all household members, and that the risk diversification gain to other household members may …