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strong evidence for gender-specific norms in risk taking. While these explain part of the existing gender gap in risk taking … choices being observed, compared to anonymity of choices, on risk taking in a laboratory experiment. I relate participants …' investments in a risky asset directly to social norms for risk taking that are elicited in an incentivized procedure. I find that …
Persistent link: https://www.econbiz.de/10011930435
men. Once risk attitude is controlled for, this effect shrinks to only 2.6 percent. We find no difference when single … participation is mainly explained by different risk attitudes and monetary endowments, but women would participate even less in the … capital market if they reacted as sensitively to risk aversion as their male counterparts. Lastly, given participation in the …
Persistent link: https://www.econbiz.de/10012387111
. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … ; executives ; risk taking ; age ; gender ; education … financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …
Persistent link: https://www.econbiz.de/10009509092
advice primarily on gender. -- Gender ; risk aversion ; financial behavior …We investigate whether the willingness to take investment risk is a sex-linked trait and link the results to the … country’s gender equality regime. Our empirical analysis involves household data on financial asset holdings as well as on …
Persistent link: https://www.econbiz.de/10009720879
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and … representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which … child becomes older. These findings show that parenthood leads to considerable changes in individual risk attitudes over …
Persistent link: https://www.econbiz.de/10010498567
Persistent link: https://www.econbiz.de/10012549175
. While part of this effect may be explained by gender differences in risk attitudes and overconfidence, previous studies have … experimental design. In contrast to the literature, our results imply that the whole gender gap is driven by risk attitudes and … attributed the majority of the gender gap to gender differences in a separate 'competitiveness' trait. We re-examine this result …
Persistent link: https://www.econbiz.de/10011597970
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk … attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the … perceives the threat of job loss and is of a transitory nature. The change in stated risk attitude matches observable job …
Persistent link: https://www.econbiz.de/10011405097
Persistent link: https://www.econbiz.de/10003529028
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