Gender and Risk‐bearing Portfolio Choices among Older Single Workers
The Role of Human Capital
Bibliographic Data
| ID | 6061935 |
|---|---|
| Authors | Yoon G Lee (0000-0003-1654-0004, Utah State University, corresponding author), Sungsook Kim (Keimyung University) |
| Year | 2017 |
| Volume | 45 |
| Issue | 4 |
| Pages | 406-421 |
| Publication date | 2017-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Family and Consumer Sciences Research Journal (JOURNAL) |
| Journal identifiers | ISSN: 1077-727X • E-ISSN: 1552-3934 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/fcsr.12219 |
| OpenAlex | W2620828580 |
| Language | EN |
| Citations received | 2 |
| References cited | 34 |
Using data from the 2012 Health and Retirement Study, this study examined whether gender was associated with risk bearing in portfolio choices among single workers nearing retirement. Also, the study investigated how human capital was associated with the worker's allocation of risk‐bearing assets by gender. The results of logistic regression revealed that while gender was statistically significant, education level was also a significant predictor of holding risky assets. Since differences in human capital explained the difference in portfolio choices for male and female workers, financial educators should consider this finding as they attempt to help the least financially savvy populations with financial education programs
Actuarial science · Business · Demographic economics · Economic growth · Economics · Health and Retirement Study · Human capital · Logistic regression · Portfolio · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Medicine · Retirement, Disability, and Employment · Finance · Gerontology · Internal Medicine
Are Women More Risk Averse?
Boys will be Boys
The Economic Importance of Financial Literacy
Baby Boomer retirement security
Financial Literacy and Planning
Strong Evidence for Gender Differences in Risk Taking
Sex differences and statistical stereotyping in attitudes toward financial risk
Gender differences in financial risk aversion and career choices are affected by testosterone
Gender differences in revealed risk taking
Health Risk and Portfolio Choice
Gender Differences in Perceived and Real Knowledge of Financial Investments
Gender, Marriage, and Asset Accumulation in the United States
Financial literacy and stock market participation
Investment in Human Capital
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 2 |