Concepedia

Nonlinear linkages between financial risk tolerance and demographic characteristics

Robert W. Faff, Terrence Hallahan, Michael D. McKenzie

Applied Economics Letters · 2008 · 64 citations · 19 references

Abstract

We explore the nonlinear linkage between financial risk tolerance and demographic characteristics. Our tests support the nonlinear role of age, income and number of dependents.

References

19

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Melanie Powell, David Ansic · Journal of Economic Psychology · 1997 · 1.3K citations

Behavioral Decision Making, Financial Risk Management, Risk Behaviour +14

Why do so Few Hold Stocks?

Michael Haliassos, Carol C. Bertaut · The Economic Journal · 1995 · 1.1K citations

Empirical Finance, Financial Data, Market Microstructure +17

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Martin Halek, Joseph G. Eisenhauer · Journal of Risk & Insurance · 2001 · 718 citations

Engineering, Behavioral Decision Making, Revealed Preference +17

Financial Risk Tolerance and Additional Factors That Affect Risk Taking in Everyday Money Matters

John E. Grable · Journal of Business and Psychology · 2000 · 615 citations

Asset Allocation and Individual Risk Aversion

William B. Riley, K. Victor Chow · Financial Analysts Journal · 1992 · 588 citations

Economics, Financial Economics, Asset Pricing +10