Family Composition and Investment in Household Capital: Contrasts in the Behavior of the Husband‐Wife and Female‐Headed Households
作者:
CATHLEEN D. ZICK,
JENNIFER L. GERNER,
期刊:
Journal of Consumer Affairs
(WILEY Available online 1987)
卷期:
Volume 21,
issue 1
页码: 21-39
ISSN:0022-0078
年代: 1987
DOI:10.1111/j.1745-6606.1987.tb00186.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper estimates a portfolio model that includes investment in human capital, as well as traditional investments of housing, financial assets, and automobiles, and that contrasts portfolios of husband‐wife households with female‐headed households. Female headed households adjust their portfolios to disequilibria in various stocks more slowly than husband‐wife house
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