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advance, gender or the kind of university where they belong (public or private). …
Persistent link: https://www.econbiz.de/10014339272
This study investigates the role of gender in financial risk-taking. Specifically, I ask whether female investors tend … expected return and its standard deviation, whereas standard deviation serves as a measure of risk. Gender differences … of risk preferences across investors. Estimation results provide no evidence of gender differences in investors' risk …
Persistent link: https://www.econbiz.de/10009018188
This study appraises the role of gender in the behavior of individuals who make risky investments. The analysis bases … studies, I find no evidence for gender differences. Males and females exhibit similar levels of risk propensity and their …
Persistent link: https://www.econbiz.de/10010896116
This study appraises the role of gender in the behavior of individuals who make risky investments. The analysis bases … studies, I find no evidence for gender differences. Males and females exhibit similar levels of risk propensity and their …
Persistent link: https://www.econbiz.de/10011335562
We investigate how changes in marital status affect the decision to take on financial risks. As an alternative to the traditional approach of comparing different groups of investors (men and women) at each point in time, we use a difference-in-differences estimation strategy to compare how the...
Persistent link: https://www.econbiz.de/10008549065
This study appraises the role of gender in the behavior of individuals who make risky investments. The analysis bases … studies, I find no evidence for gender differences. Males and females exhibit similar levels of risk propensity and their …
Persistent link: https://www.econbiz.de/10005069142
the stock market decreases. On the other hand, monetary policy is gender-neutral for stock market participants: there are …
Persistent link: https://www.econbiz.de/10012152713
The empirical finding that entrepreneurs tend to invest a large share of their wealth in their own firms despite comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence supporting the hypothesis that lower risk aversion of...
Persistent link: https://www.econbiz.de/10010271074
We analyze the effect of geographic proximity on individual investors’ portfolio choice. Using a unique data set which covers the common stockholdings of private households at regional banks in Germany, we document strong and consistent overinvestment in geographically close companies. Our...
Persistent link: https://www.econbiz.de/10009354697
Individual preferences with respect to risk taking play an important role in financial economic behaviour and, hence, in financial markets. Using German microdata, we argue that individual religiosity is a determinant of household willingness to take risks, since it shapes relevant individual...
Persistent link: https://www.econbiz.de/10009738212