Do More Risk‐Averse Investors Have Lower Net Worth and Income?

McInish, T H and Ramaswami, S N and Srivastava, R K (1993) Do More Risk‐Averse Investors Have Lower Net Worth and Income? The Financial Review, 28 (1). pp. 91-106.

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Abstract

This study examines the relationship between attitude toward risk and both net worth and income. The data are obtained from a financial diary kept by a national, scientifically selected sample of more than 3000 households. Results show that both net worth and income are negatively related to risk aversion.

Affiliation: Indian School of Business
ISB Creators:
ISB CreatorsORCiD
Srivastava, R Khttps://orcid.org/0000-0002-5236-2375
Item Type: Article
Additional Information: The research paper was published by the author with the affiliation of The University of Texas at Austin
Uncontrolled Keywords: Risk Management, Household Income, Risk Aversion
Depositing User: Mohan Dass
Date Deposited: 22 Apr 2019 07:19
Last Modified: 22 Apr 2019 07:19
URI: http://eprints.exchange.isb.edu/id/eprint/875
Publisher URL: https://doi.org/10.1111/j.1540-6288.1993.tb01339.x
Publisher OA policy: http://sherpa.mimas.ac.uk/romeo/issn/0732-8516/
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