Household Asset Allocation, Offspring Education, and the Sandwich Generation

2014 ◽  
Author(s):  
Vicki L. Bogan
Keyword(s):  
Asset Allocation ◽  
Household Asset ◽  
Sandwich Generation

Household Asset Allocation, Offspring Education, and the Sandwich Generation

2015 ◽  
Vol 105 (5) ◽  
pp. 611-615 ◽  
Author(s):  
Vicki L. Bogan
Keyword(s):  
Asset Allocation ◽  
Capital Accumulation ◽  
Pension System ◽  
Personal Health ◽  
Wealth Accumulation ◽  
Household Asset ◽  
Sandwich Generation ◽  
College Savings ◽  
Households With Children

This paper finds households with children and elderly dependents, the “Sandwich Generation,” significantly reduce both college savings and stockholding. Having any elderly dependents decreases the probability of both stockholding and college savings by twice as much as poor personal health. Hence, these results have critical implications as they demonstrate the importance and magnitude of links between the pension system, college financial aid, and wealth accumulation. Elderly dependents limiting parental funds for offspring education can decrease offspring long-term earnings potential via decreased human capital accumulation. Furthermore, decreased stock holdings can decrease long-term wealth accumulation and thus intergenerational wealth transfers.

The Impact of SNAP Vehicle Asset Limits on Household Asset Allocation

2016 ◽  
Vol 83 (1) ◽  
pp. 146-175 ◽  
Author(s):  
Deokrye Baek ◽  
Christian Raschke
Keyword(s):  
Asset Allocation ◽  
Household Asset ◽  
The Impact

scholarly journals Analysis of asset risk and household Financial Asset Allocation structure—Empirical analysis from a nonlinear model

2021 ◽  
Vol 235 ◽  
pp. 01039
Author(s):  
Zhanbing Huang ◽  
Yu Lu
Keyword(s):  
Empirical Analysis ◽  
Asset Allocation ◽  
Financial Literacy ◽  
Family Income ◽  
Mutual Influence ◽  
Probit Model ◽  
Financial Asset ◽  
Household Asset ◽  
Asset Risk ◽  
Internal Relationship

Chinese households now have a good understanding of finance and their asset allocation choices are increasingly skewed towards financial products. At present, most domestic and foreign researches on the structure and choice of household asset allocation mainly analyze the influence of residents’ characteristics or financial literacy on household asset allocation, while few researches on the internal relationship between household risk, asset structure and allocation choice. Based on CHFS data and the theory of asset investment behavior, this paper systematically analyzes and risk assets and family financial asset allocation structure of mutual influence and role, an empirical analysis of the influencing factors of residents in our country family financial asset allocation structure by using Probit model and Tobit model, pay attention to risk assets, family income and other factors, a deeper understanding of family financial asset investment circumstances.

Do Heterogeneous Background Risks Matter to Household Asset Allocation?

2013 ◽  
Vol 42 (4) ◽  
pp. 563-589 ◽  
Author(s):  
Mingchao Cai ◽  
Jing Shi ◽  
Yang Ni ◽  
Rulu Pan
Keyword(s):  
Asset Allocation ◽  
Household Asset ◽  
Background Risks
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