Informal eldercare is often supplied by family members, more so in Asia than in the West. Children and their parents as well as members of adjacent generations linked by marriage (in-laws) are modeled as self-interested agents offering or responding to material incentives. A first implication...

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. This is...

We investigate how changes in marital status affect financial investments and how these effects vary with background risk. We use detailed register based panel data and difference-in-differences estimators to benchmark common unobserved influences on financial investments. Women increase the...

Which spouse is more knowledgeable about the household’s finances in mixed-sex married couple households? The answer to this question can be inferred from the Survey of Consumer Finances (SCF), which assigns the title of “respondent” to the person the household indicates is more...

Informal eldercare is often supplied by family members, more so in Asia than in the West. Children and their parents as well as members of adjacent generations linked by marriage (in-laws) are modeled as self-interested agents offering or responding to material incentives. A first implication...

In this paper, the impact of divorce ­­­on individual financial behavior is empirically examined. Evidence that divorcing individuals increase their saving rates before the divorce is presented. This may be seen as a response of the increase in background risk. After the divorce, negative...

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. This is...

Previous research has shown little difference in the average leisure time of men and women.  This finding is a challenge to the second shift argument, which suggests that increases in female labor market hours have not been compensated by equal decreases in household labor.  This paper...

I elicit causal effects of spousal observability and communication on financial choices of married individuals in the Philippines. When choices are private, men put money into their personal accounts. When choices are observable, men commit money to consumption for their own benefit. When...