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Household portfolio choice, reference dependence, and the marriage market

Wenchao Li (National University of Singapore), Changcheng Song (National University of Singapore), Shu Xu (Southwestern University of Finance and Economics), Junjian Yi (National University of Singapore and IZA) ; IZA, Institute of Labor Economics

This paper bridges the financial market and the marriage market using a referencedependent mechanism. Male-biased sex ratios induce families with sons to hold more risky assets, since competitive marital payment in a tight market raises the reference level of marriage expenditure for such families....

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Bibliographic details
Main Author: Li, Wenchao
Song, Changcheng
Shu Xu
Yi, Junjian
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : January 2017
Extent: 1 Online-Ressource (47, 2 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: IZA DP ; no. 10528
Links: Fulltext
HBZ-ID: HT019240334 » further libraries in North Rhine-Westphalia
Database: ULB Bonn