The Portfolio Choices of Hispanic Couples

Deborah Cobb-Clark and Vincent Hildebrand

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

Abstract: This paper analyzes the portfolio allocations of couple-headed, Hispanic families using Survey of Income and Program Participation (SIPP) data. Our results reveal that Hispanic couples as a group are less wealthy than otherwise similar white couples, although there is substantial variation across Hispanic-origin groups. Much of the disparity in portfolio choices of Hispanic relative to whites appears to stem from these lower wealth levels. Accounting for these wealth disparities, Hispanic couples hold less financial wealth, but more real estate and business equity than do white couples.

Keywords: portfolio choices; Hispanic (search for similar items in EconPapers)
JEL-codes: G11 J10 J61 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2006-01
New Economics Papers: this item is included in nep-fin and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: The Portfolio Choices of Hispanic Couples* (2006)
Working Paper: The Portfolio Choices of Hispanic Couples (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:147

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