JFCP Research Journal
Jing J. Xiao
This study investigated the effects of income and life cycle variables on the ownership of eleven household held financial assets, using the 1989 Survey of Consumer Finance. Logistic regression idicated that life cycle variables, such as housold head's age, marital status, employment status, and child's presence, influenced ownership of 11... Read More >
Jamie Sung and Sherman Hanna
Effects of financial and demographic variables on risk tolerance were estimated for households with an employed respondent in the 1992 Survey of Consumer Finances. Logistic regression analysis showed that female headed households were less likely to be risk tolerant than otherwise similar households with a male head or a married... Read More >
Vickie L. Bajtelsmit and Alexandra Bernasek
Several recent studies have found that women invest their pensions more conservatively than men (Bajtelsmit and VanDerhei, 1996; Hinz, McCarthy, and Turner, 1996) and that women are more risk averse (Jianakoplos and Bernasek, 1996). Although these findings have serious implications for the well-being of women in retirement, the reasons for... Read More >