Showing 1 - 10 of 76
A brief historical overview of the household equipment revolution and the women who transformed the home in Germany and …
Persistent link: https://www.econbiz.de/10014512107
This paper is about the nonparametric regression of a choice variable on a nonlinear budget set under utility maximization with general heterogeneity, i.e. in the random utility model (RUM). We show that utility maximization and convex budget sets make this regression three dimensional with a...
Persistent link: https://www.econbiz.de/10014250211
We study the dynamic relationship between women's intra-household reputation and investment decisions. We consider … household investments delegated to the wife in settings where wives perceived to be savvy investors by their husbands are …---we call this the intra-household sunk cost effect. These dynamics have important implications for women's well-being as well …
Persistent link: https://www.econbiz.de/10014247996
Using repeated large-scale surveys of U.S. households, we study the cryptocurrency investment decisions and motives of households relative to other financial assets. Cryptocurrency holders tend to be young, white, male and more libertarian relative to non-crypto holders. They expect much higher...
Persistent link: https://www.econbiz.de/10014287385
married couples over the allocation of rival and non-rival household goods. The experiment measures individual preferences …
Persistent link: https://www.econbiz.de/10013477282
We study a retirement savings plan with a default contribution rate of 12% of income, which is much higher than previously studied defaults. Twenty-five percent of employees had not opted out of this default 12 months after hire; a literature review finds that the corresponding fraction in plans...
Persistent link: https://www.econbiz.de/10014337834
Using a survey with information treatments conducted in the aftermath of SVB's collapse, we study households' perspectives on bank stability, the potential for panic-driven bank runs, and the role of public communication. When informed about SVB's collapse, households become more likely to...
Persistent link: https://www.econbiz.de/10014337876
We provide a first look into the drivers of household cryptocurrency investing. Analyzing consumer transaction data for … investors. High past crypto returns and personal income shocks lead to increased cryptocurrency investments. Higher household …
Persistent link: https://www.econbiz.de/10014436987
We investigate the impact of financial windfalls on household portfolio choices and risk exposure. Exploiting the …-point decrease in the risky share of household portfolios. We show theoretically that negative wealth effects are consistent with …
Persistent link: https://www.econbiz.de/10014436995
We use panel data from the Italian Survey of Household Income and Wealth from 1991 to 2016 to document empirically what … components of the household budget constraint change in response to shocks to household labor income, both over shorter and over … which include shocks to the value of household wealth are necessary to fully evaluate the sources and the consequences of …
Persistent link: https://www.econbiz.de/10014437025