Is gender a good predictor of fi nancial risk taking? Evidence from national surveys of household fi nance
AbstractThis study investigates the role of gender in individuals’ financial risk taking. We find that although females exhibit, on average, lower risk propensity than males, the effect of gender on the actual risk taking varies across countries and across types of financial decisions. Specifically, we find that gender-based differences in the risk taking depend on the level of gender equality in a given society. Where gender inequality is substantial, females are less likely to invest in risky assets than males even when their willingness to take financial risks is equal. Furthermore, we find no gender effects on the portfolio share of wealth allocated to risky assets in all countries but the one with the highest gender inequality
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Jönköping International Business School in its series JIBS Working Papers with number 2010-5.
Length: 32 pages
Date of creation: 30 Nov 2010
Date of revision:
Contact details of provider:
Postal: Jönköping International Business School, P.O. Box 1026, SE-551 11 Jönköping, Sweden
Web page: http://www.jibs.hj.se/
More information through EDIRC
gender; risk aversion; financial behavior;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Susanne Hansson) or (Stefan Carlstein).
If references are entirely missing, you can add them using this form.