household level data for 2007 and 2009 in the United States – the Survey of Consumer Finances. We find that asset diversity … wealth distribution. Life changing situations such as getting divorced or losing one's job have a statistically significant …

category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …

We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice … is associated with a reallocation of wealth away from real estate and towards bonds and stocks, especially when …

attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth. We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …

with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but … only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood … worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility …

We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a …

reference level of marriage expenditure for such families. Using the 2013 China Household Finance Survey data, we find that a 0 … liquid wealth by 42.7 percent for families with a son; there appears no effect for families with a daughter …

Using harmonized wealth data and a novel decomposition approach, we show that cohort effects exist in the income …