2024
DOI: 10.1002/ise3.84
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Effects of adult children's marriage on household stock market participation: An event‐study difference‐in‐differences approach using Chinese micro data

Haopeng Sun

Abstract: This paper examines households' stock market participation responses to a critical life‐cycle event, adult children's marriage. An event‐study difference‐in‐differences approach is employed to facilitate identification, which compares changes in the stock market participation behaviors of households that experience children's marriage with households that experience it later as well as households that never experience it. Exploiting household‐wide variations in exposure to children's marriage using the China F… Show more

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