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I exploit a natural experiment to show that household investment decisions depend on the manner in which information is …
Persistent link: https://www.econbiz.de/10011709245
household contract choice: the attributes of the bank that makes the loan should play no role. If households rely on banks …-specific supply characteristics will play a role in the household's choice above any role they play through relative prices. Testing …
Persistent link: https://www.econbiz.de/10012995713
I find that the index of geopolitical risk (GPR) is significantly associated with both the extensive and intensive margins of stock market participation decisions. The GPR index subsumes the significance of economic policy uncertainty for stock market participation decisions and has long-lasting...
Persistent link: https://www.econbiz.de/10013403880
widely available on a national, aggregate level, disaggregated data on household spending are scarce, particularly in the … on the simple budget constraint of a household. This approach yields a unique panel of income, wealth and consumption for … suggest that consumption and saving behaviour vary across different household characteristics. Finally, we show that …
Persistent link: https://www.econbiz.de/10013306203
We explore the link between child gender and household financial decisions within a cultural environment that strongly … favours having a son. Using data from the China Household Finance Survey (CHFS), we find that the presence of a daughter is … associated with a lower saving rate, consistent with the hypothesis that the relative under-supply of unmarried women generates a …
Persistent link: https://www.econbiz.de/10015066016
We investigate the differences in economic attitudes and financial decisions between religious and non-religious households. Using Dutch survey data, we find that religious households consider themselves more trusting, and have a stronger bequest motive and a longer planning horizon....
Persistent link: https://www.econbiz.de/10013095931
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