Gender and Marital Differences in Wealth and Investment Decisions: Implications for Researchers, Financial Professionals, and Educators

Abstract

Wealth is an important source of financial well-being and investment is an important vehicle to accumulate wealth. A large body of literature has focused on analyzing the systematic differences in wealth and investment behavior across gender and marital states. This paper provides a broad overview of the extant research and its implications for researchers, financial professionals, and educators.

Keywords: Wealth, investments, risk tolerance, portfolio allocation, household bargaining, financial education

JEL Classification: D13, D14, J1, G11