Investment Decisions And Offspring Gender

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Executive Summary

Economic research has documented many economic effects of offspring gender on parental behavior. However, an open question exists as to whether offspring gender has any influence on parental investment decision making. Specifically, the author investigates whether female offspring have an impact on investment decisions with respect to stock and bondholding. Using a panel data set, the author finds that for male respondents, having only female offspring increases the probability of stockholding by over 17%. In contrast, a relationship between stockholding and offspring gender was not at all present for female respondents.

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