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We explore the link between child gender and household financial decisions within a cultural environment that strongly favours having a son. Using data from the China Household Finance Survey (CHFS), we find that the presence of a daughter is associated with a lower saving rate. This is...
Persistent link: https://www.econbiz.de/10014339334
Over the past thirty years Chinese households have enjoyed substantive increases in income and savings and witnessed a rapidly developing financial market offering investment choices and risks away from bank deposits – the traditional form of financial investment. We explore whether this...
Persistent link: https://www.econbiz.de/10013405457
Chinese households have enjoyed a rapidly developing financial market offering a wider range of investment choices than bank deposits – the traditional form of investment. Using panel data from the 2013 and 2015 China Household Finance Survey, we examine the relationship between financial...
Persistent link: https://www.econbiz.de/10014350184
Persistent link: https://www.econbiz.de/10015339129