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Gender and Marital Differences in Wealth and Investment Decisions: Implications for Researchers, Financial Professionals, and Educators

Author

Listed:
  • Angela Lyons
  • Urvi Neelakantan
  • Erik Scherpf

Abstract

Wealth is an important source of financial well-being and investment is an important vehicle to accumulate wealth. A large body of literature has focused on analyzing the systematic differences in wealth and investment behavior across gender and marital states. This paper provides a broad overview of the extant research and its implications for researchers, financial professionals, and educators.

Suggested Citation

  • Angela Lyons & Urvi Neelakantan & Erik Scherpf, 2008. "Gender and Marital Differences in Wealth and Investment Decisions: Implications for Researchers, Financial Professionals, and Educators," NFI Working Papers 2008-WP-02, Indiana State University, Scott College of Business, Networks Financial Institute.
  • Handle: RePEc:nfi:nfiwps:2008-wp-02
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    File URL: http://www.indstate.edu/business/sites/business.indstate.edu/files/Docs/2008-WP-02_Lyons_et_al.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Wealth; investments; risk tolerance; portfolio allocation; household bargaining; financial education;
    All these keywords.

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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