Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062348 | Economics Letters | 2006 | 5 Pages |
Abstract
We investigate how individuals' asset allocations in their portfolios vary with age, considering the relationship between individual attitudes and behavior. We find individuals' portfolios become more risk-seeking with age, even taking account of asset accumulation, counter to their intuition.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Barbara Summers, Darren Duxbury, Robert Hudson, Kevin Keasey,