Scholars@Duke

How Children with Mental Disabilities Affect Household Investment Decisions

Publication ,  Journal Article
Bogan, VL; Fernandez, JM
Published in: American Economic Review
May 1, 2017
Published version (DOI) Publisher Link

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.

Duke Scholars

Vicki L. Bogan
Author Vicki L. Bogan Sanford School of Public Policy

Published In

American Economic Review

DOI

10.1257/aer.p20171145

ISSN

0002-8282

Publication Date

May 1, 2017

Volume

107

Issue

5

Start / End Page

536 / 540

Publisher

American Economic Association

Related Subject Headings

  • Economics
  • 38 Economics
  • 35 Commerce, management, tourism and services
  • 15 Commerce, Management, Tourism and Services
  • 14 Economics
 

Citation

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Bogan, V. L., & Fernandez, J. M. (2017). How Children with Mental Disabilities Affect Household Investment Decisions. American Economic Review, 107(5), 536–540. https://doi.org/10.1257/aer.p20171145
Bogan, Vicki L., and Jose M. Fernandez. “How Children with Mental Disabilities Affect Household Investment Decisions.” American Economic Review 107, no. 5 (May 1, 2017): 536–40. https://doi.org/10.1257/aer.p20171145.
Bogan VL, Fernandez JM. How Children with Mental Disabilities Affect Household Investment Decisions. American Economic Review. 2017 May 1;107(5):536–40.
Bogan, Vicki L., and Jose M. Fernandez. “How Children with Mental Disabilities Affect Household Investment Decisions.” American Economic Review, vol. 107, no. 5, American Economic Association, May 2017, pp. 536–40. Crossref, doi:10.1257/aer.p20171145.
Bogan VL, Fernandez JM. How Children with Mental Disabilities Affect Household Investment Decisions. American Economic Review. American Economic Association; 2017 May 1;107(5):536–540.

Published In

American Economic Review

DOI

10.1257/aer.p20171145

ISSN

0002-8282

Publication Date

May 1, 2017

Volume

107

Issue

5

Start / End Page

536 / 540

Publisher

American Economic Association

Related Subject Headings

  • Economics
  • 38 Economics
  • 35 Commerce, management, tourism and services
  • 15 Commerce, Management, Tourism and Services
  • 14 Economics