文章基本信息

标题：The Influence Of Birth Order On Financial Risk Tolerance
本地全文：下载
作者：John Gilliam ; Swarn Chatterjee
期刊名称：Journal of Business & Economics Research
印刷版ISSN：1542-4448
电子版ISSN：2157-8893
出版年度：2011
卷号：9
期号：4
页码：43-50
语种：English
出版社：The Clute Institute for Academic Research
摘要：This study examines birth order as a predictor of financial risk tolerance. Three hundred sixty-eight individuals, drawn predominantly from a large university in the Southwestern United States, completed a psychometrically sound financial risk tolerance measure (Grable and Lytton, 1999). The results confirmed previous literature in regard to gender and education as predictors of risk tolerance. However, for the first time, firstborn individuals were shown to be significantly less risk tolerant than later-born individuals. Furthermore, it was shown that later-born males were more likely than the first-born to have a majority of their portfolios allocated in stock; additionally the later-born males were more likely than the later-born females to hold a greater proportion of their assets in stocks.
关键词：Risk Tolerance;Birth Order;First-born;Later-born