How youth manage their money may influence their transitions to adulthood. This may be particularly true for youth in sub-Saharan Africa (SSA), where many youth and young adults lack access to economic opportunities. Parental financial socialization is associated with youth financial knowledge,...

This research focuses on the relationship between marriage and women’s self-employment earnings in the US. The basic proposition is that marriage poses an additional constraint on women entrepreneurs. By acknowledging the overlap of gender, family, and business we are able to observe the...

The 2000–2006 waves of Health and Retirement Study data were used to estimate the effects of human capital characteristics and income sources on women’s timing of receipt of Social Security retirement benefits. Using logistic regression, the likelihood of early election of benefits was...

This study focused on the lifecycle income objective of business-owning (farm and nonfarm) households. We hypothesized that the complex relationship between household and business management decisions had the potential to challenge predictions from standard household savings theory....

In this study, we compared the association of marital satisfaction with the division of household labor in China, Japan, and Korea. Results revealed that wives’ marital satisfaction was negatively associated with their burden of housework in the three Asian countries, as generally observed in...

This study uses data from the 2005 Survey of Household Finances to investigate the existence of loss aversion in household saving behavior in Spain. Loss aversion refers to an asymmetry in saving behavior in response to increases and decreases in income, where income decreases have a greater...

We analyzed the participation and childcare decisions made by mothers in two-parent households with children aged 0–12 in the Netherlands, paying special attention to the role of attitudes regarding work and care. In a multinomial logit model we distinguished between not working, a small...

This paper developed a wealth allocation framework for longevity risk protection under stochastic lifetime. By combining the dynamics of wealth evolution and health evolution in stochastic multi-period discrete-time models, an optimization problem was formulated with the objective of maximizing...