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. ISSN 1540-6288

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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.

Item Type: Article
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

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