Bertocchi, Graziella; Brunetti, Marianna; Torricelli, … - Centre for Household, Income, Labour and Demographic … - 2009
marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. Controlling … for a number of observable characteristics, we show that single women have a lower propensity to invest in risky assets … attributed to the gradual erosion of the perception of marriage as a sort of safe asset. Our results therefore suggest that the …