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 Creators ORCiD Srivastava, R K https://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/
Related URLs:	Google Scholar

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