Title
Do More Risk‐Averse Investors Have Lower Net Worth and Income?
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. Copyright © 1993, Wiley Blackwell. All rights reserved
Publication Title
Financial Review
Recommended Citation
McInish, T., Ramaswami, S., & Srivastava, R. (1993). Do More Risk‐Averse Investors Have Lower Net Worth and Income?. Financial Review, 28 (1), 91-106. https://doi.org/10.1111/j.1540-6288.1993.tb01339.x
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