Showing 31 - 40 of 134,334
Women typically participate less than men in the stock market, while also scoring lower on financial literacy. We explore the link between the gender gap in stock market participation and financial literacy. Using survey data on a random sample of 1,300 individuals that is representative of the...
Persistent link: https://www.econbiz.de/10013114467
This paper studies the effect of changes in expected college costs on household savings, asset allocation, and stock … market participation. Using household-level data for households with children, I first find that a $1,000 increase in in …-state college tuition leads to a 1.7% higher probability of stock market participation and larger savings but does not affect the …
Persistent link: https://www.econbiz.de/10012860086
This study investigates whether and how the crisis in 2008/2009 affects households' risk attitudes, subjective risk and return expectations, and planned financial risk taking using the German SAVE study. Households' wealth change from end-2007 to end-2009 is not found to have an effect. However,...
Persistent link: https://www.econbiz.de/10013040085
countries, but understanding of more advanced financial concepts is lower. Similarly, savings accounts are held by most people …
Persistent link: https://www.econbiz.de/10011755401
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 …
Persistent link: https://www.econbiz.de/10015066016
affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …
Persistent link: https://www.econbiz.de/10013491806
Much empirical research in economics is based on data from household surveys. Panel surveys are particularly valuable … may alter subsequent behavior. We provide novel evidence of survey effects on household financial behavior in a developed … increasing in the education level of the household. One interpretation is that the survey acted as a salience shock. …
Persistent link: https://www.econbiz.de/10010483822
correct for some parts of household savings, we question the correctness of the unitary model with respect to non …-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking … "peer effect". The unitary model of household decision making can thus be rejected with respect to retirement savings. …
Persistent link: https://www.econbiz.de/10011582956
to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
Persistent link: https://www.econbiz.de/10012213993
Dealing with the reluctant investor examines the governance of defined contribution (DC) schemes with reference to investment choice and, in particular, the design of the default fund. We explain where and why the current system fails to support DC scheme members and what steps can be taken to...
Persistent link: https://www.econbiz.de/10012833013