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We test a gender threat hypothesis whereby having a financial advisor of the opposite gender results in gender stereotypical risk attitudes. We employ a unique dataset of 1,621 advised UK investors, combined with information on the gender of their financial advisors. Confirming the hypothesis,...
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Setting savings goals can increase wealth accumulation behaviour, yet it depends on how challenging the goals are. Using rarely available savings goals data from 1,760 clients of an advisory investment firm, we identify gender attitudinal differences in goals amounts: men choose more ambitious...
Persistent link: https://www.econbiz.de/10013308842
"This ambitious book offers a global perspective on the nature of capitalism; its past and future possibilities of survival; the differentiation between neoliberal, authoritarian and social democratic systems, exemplified by the United States, EU and China; and the conflict relationships between...
Persistent link: https://www.econbiz.de/10014477303
The present study puts forward a plan for solving the sovereign debt crisis in the euro area (EA) in line with the interests of the working classes and the social majority. Our main strategy is for the European Central Bank (ECB) to acquire a significant part of the outstanding sovereign debt...
Persistent link: https://www.econbiz.de/10010513060
Purpose – Joseph Alois Schumpeter's ideas are in the discussion agenda of various economists working in different theoretical traditions. However, several aspects of his work remain unexplored. In particular, the origin of his ideas in the context of the then prevalent economic theories of the...
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