We study the impact of gender and marital status on financial decisions using the 1989-2006 Bank of Italy Survey of Household Income and Wealth. Controlling for several characteristics of household financial heads, we find that male and married ones are more likely to invest in risky assets than female and single ones, respectively. We also investigate the role of background socio-economic factors that capture regional differences in family structure and the organization of the labor market. Specifically, we find that higher divorce rates and female labor market participation rates are associated with a higher propensity to invest in risky assets.

Portfolio Choices, Gender and Marital Status / Bertocchi, Graziella; Brunetti, Marianna; Torricelli, Costanza. - In: RIVISTA DI POLITICA ECONOMICA. - ISSN 0035-6468. - STAMPA. - 98:(2008), pp. 119-153.

Portfolio Choices, Gender and Marital Status

BERTOCCHI, Graziella;BRUNETTI, MARIANNA;TORRICELLI, Costanza
2008

Abstract

We study the impact of gender and marital status on financial decisions using the 1989-2006 Bank of Italy Survey of Household Income and Wealth. Controlling for several characteristics of household financial heads, we find that male and married ones are more likely to invest in risky assets than female and single ones, respectively. We also investigate the role of background socio-economic factors that capture regional differences in family structure and the organization of the labor market. Specifically, we find that higher divorce rates and female labor market participation rates are associated with a higher propensity to invest in risky assets.
98
119
153
Portfolio Choices, Gender and Marital Status / Bertocchi, Graziella; Brunetti, Marianna; Torricelli, Costanza. - In: RIVISTA DI POLITICA ECONOMICA. - ISSN 0035-6468. - STAMPA. - 98:(2008), pp. 119-153.
Bertocchi, Graziella; Brunetti, Marianna; Torricelli, Costanza
File in questo prodotto:
Non ci sono file associati a questo prodotto.
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

Licenza Creative Commons
I metadati presenti in IRIS UNIMORE sono rilasciati con licenza Creative Commons CC0 1.0 Universal, mentre i file delle pubblicazioni sono rilasciati con licenza Attribuzione 4.0 Internazionale (CC BY 4.0), salvo diversa indicazione.
In caso di violazione di copyright, contattare Supporto Iris

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/636938
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact