Do More Risk‐Averse Investors Have Lower Net Worth and Income?
Dimensions
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. ISSN 1540-6288
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Publisher URL: https://doi.org/10.1111/j.1540-6288.1993.tb01339.x
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.
Item Type: | Article |
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Additional Information: | The research paper was published by the author with the affiliation of The University of Texas at Austin |
Date Deposited: | 22 Apr 2019 07:19 |
Last Modified: | 10 Jul 2023 16:22 |
URI: | https://eprints.exchange.isb.edu/id/eprint/875 |