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Risk Tolerance and Demographic Characteristics: Preliminary Irish Evidence

Author

Listed:
  • Brian Lucey

    () (Institute for International Integration Studies, Trinity College Dublin)

  • Charles Larkin

    () (Cardiff Metropolitan universityAuthor-Name: Megan Mulholland
    Trinity college Dublin)

Abstract

We examine by means of a survey and subsequent statistical analysis the extent of financial risk tolerance in Irish adults. We administer the (J. Grable & Lytton, 1999) 13 item risk tolerance instrument, and find confirmed a number of stylized facts found elsewhere on age, gender and education levels and their impact on risk tolerance. This is to our knowledge the first comprehensive survey of Irish adults on their risk tolerance.

Suggested Citation

  • Brian Lucey & Charles Larkin, 2012. "Risk Tolerance and Demographic Characteristics: Preliminary Irish Evidence," The Institute for International Integration Studies Discussion Paper Series iiisdp406, IIIS.
  • Handle: RePEc:iis:dispap:iiisdp406
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    References listed on IDEAS

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