market fluctuations affect the risk tolerance of households. We used the 1992 to 2013 datasets of the Survey of Consumer … Finances (SCF), and found that whether respondents were willing to take some risk varied somewhat during the period, with … proportion of respondents willing to take substantial or above average investment risk (“high risk tolerance”) fluctuated much …

The standard model of intertemporal choice assumes risk neutrality toward the length of life: due to additivity, agents … Panel (ALP), this paper provides empirical evidence on possible deviation from risk neutrality with respect to longevity in … the U.S. population. The questions we ask allow to find the distribution as well as to quantify the degree of risk …

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 … self-reported risk tolerance for Austria, Italy, the Netherlands and Spain. Of those countries, Italy is by far the country …

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 … self-reported risk tolerance for Austria, Italy, the Netherlands and Spain. Of those countries, Italy is by far the country …

sector as might be expected. The asset covariance and the labor risk correlation, especially the working location of the …. Moreover, a effective hedge for the income risk is not possible in most of the observed scenarios. -- Protection ; Portfolio … Choice ; Risk Diversication ; Income Risk …

guarantees could also amplify a moral hazard problem that induces large banks to take excessive risk. If such risk is mispriced …

Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end … to become harder to obtain during 2010. -- household debt and saving ; 2007 recession ; credit access ; mortgage debt …

underwriting risks both domestically and internationally. -- Insurance ; Portfolio Theory ; International Diversification … correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of …