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Gender, socioeconomic status, and time use of married and cohabiting parents during the Great Recession
Kongar, Ebru; Price, Mark - 2017
Using data from the 2003-14 American Time Use Survey (ATUS), this paper examines the relationship between the state unemployment rate and the time that opposite-sex couples with children spend on childcare activities, and how this varies by the socioeconomic status (SES), race, and ethnicity of...
Persistent link: https://www.econbiz.de/10011695501
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Retirement Savings Investment Choices in Response to the Global Financial Crisis : Australian Evidence
Gerrans, Paul - 2010
This paper examines the retirement savings investment choices of Australian workers over a three year period, including the global financial crisis (GFC). The analysis is based on a large sample of 3.6 million members drawn from five superannuation funds with assets of $74 billion. Australian...
Persistent link: https://www.econbiz.de/10013142351
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How do married women respond when their husbands lose their jobs? : evidence from Turkey during the recent crisis ; conference paper
Ayhan, Sinem H. - 2014
This paper analyzes the labor supply response of married women to their husbands' job losses (Added Worker Effect) due to the recent economic crisis in Turkey. Identification is achieved by exploiting the exogenous variation in the output of male-dominated sectors hard-hit by the crisis....
Persistent link: https://www.econbiz.de/10010484410
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Consumption and account balances in crises : have we neglected cognitive load?
Assenza, Tiziana; Cardaci, Alberto; Chaliasos, Michaēl - 2023
The complexities of geopolitical events, financial and fiscal crises, and the ebb and flow of personal life circumstances can weigh heavily on individuals' minds as they make critical economic decisions. To investigate the impact of cognitive load on such decisions, we conducted an incentivized...
Persistent link: https://www.econbiz.de/10014448268
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Cognitive Ability and the Stock Reallocations of Retirees during the Great Recession
Browning, Chris - 2014
Retirees are increasingly responsible for managing their own retirement savings. The ability to manage these assets efficiently can have an important impact on retirement wellbeing. Lower levels of cognitive ability in old age can reduce an investor's ability to control emotional responses to a...
Persistent link: https://www.econbiz.de/10013059446
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Housing equity, saving and debt dynamics over the Great Recession
Elming, William; Ermler, Andreas - 2016
contested determinants of the correlation between house prices and saving. Crucially, to compare the savings behaviour of home … and saving for young and old home-owners, both through a direct wealth eff ect and through housing equity serving as …
Persistent link: https://www.econbiz.de/10011533763
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Household debt and saving during the 2007 recession
Chakrabarti, Rajashri; Lee, Donghoon; Klaauw, Wilbert … - 2011
saving during the 2007 recession. We find that, while different segments of the population were affected in distinct ways … to their deteriorated financial situations, households reduced their average spending and increased their saving. This … increase in saving - at least in 2009 - did not materialize through an increase in contributions to retirement and savings …
Persistent link: https://www.econbiz.de/10008935752
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Households' financial resilience, risk perceptions, and financial literacy : evidence from a survey experiment
Bucher-Koenen, Tabea; Fessler, Pirmin; Silgoner, Maria … - 2023 - This version: 21 December 2023
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...
Persistent link: https://www.econbiz.de/10014473206
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What Does the Market Crash Mean for the Ability of 401(K) Plans to Provide Retirement Income?
Brady, Peter J. - 2010
Deteriorating financial market conditions in 2008 intensified the debate over the ability of 401(k) plans to provide retirement income. This paper simulates the effects of the market crash of 2008 for 401(k) plan participants of various ages, earnings levels, and portfolios. Because Social...
Persistent link: https://www.econbiz.de/10013150241
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The Great Recession and unpaid work time in the United States : does poverty matter?
Khitarishvili, Tamar; Kim, Kijong - 2014
In times of economic crises, household production, and the unpaid work time associated with it, can serve as a coping mechanism for absorbing the impact of shocks. Evidence from the Great Recession has been supportive of this possibility, and has revealed the presence of gender asymmetries...
Persistent link: https://www.econbiz.de/10010358418