We study the impact of gender on asset allocation recommendations. Graduate business students and professional wealth … themselves. Male students choose a riskier allocation than female students, consistent with existing evidence of a gender … difference in risk tolerance, and recommend a riskier allocation. In contrast, male and female wealth managers choose and …

) for individuals' wealth accumulation. Using survey data from the German SAVE initiative, we find strong gender- and …) in education for women (men). Confidence, however, supports only highly-educated men's wealth. When considering different …This study examines the role of actual and perceived financial sophistication (i.e., financial literacy and confidence …

This paper investigates whether false confidence, as characterized by a high level of personal mastery and a low level … of intelligence (IQ), results in frequent investor trading and subsequent investor wealth erosion across time. Using the … National Longitudinal Survey (NLSY79), change in wealth and asset allocation across time is modeled as a function of various …