Replication data for: How Children with Mental Disabilities Affect Household Investment Decisions

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Project Citation:

Bogan, Vicki L., and Fernandez, Jose M. Replication data for: How Children with Mental Disabilities Affect Household Investment Decisions. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116319V1

Project Description

Summary: We analyze how children with mental disabilities influence parental portfolio allocation. We find that risky asset holding decreases among households with special needs children. However, conditional on participating in financial markets, households with special needs children invest a larger portion of their wealth in risky assets. As risky asset holding is a key component of wealth building, these findings have important implications for both policy and household wealth inequality.

Scope of Project

JEL Classification:
      D13 Household Production and Intrahousehold Allocation
      D14 Household Saving; Personal Finance
      I12 Health Behavior
      J13 Fertility; Family Planning; Child Care; Children; Youth
      J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination

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Published Versions

V1 [2019-12-07]

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