Article ID Journal Published Year Pages File Type
5062348 Economics Letters 2006 5 Pages PDF
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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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