Households' Appetite for Financial Risk

Susan Black, Lamorna Rogers and Albina Soultanaeva
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Susan Black: Reserve Bank of Australia
Lamorna Rogers: Reserve Bank of Australia
Albina Soultanaeva: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2012, 37-42

Abstract: Australian households’ appetite for risk appears to have declined in recent years with households having actively shifted their portfolios away from riskier financial assets. The change in the composition of financial assets has been seen across most age and income groups. The shift in households’ actual risk exposures also accords with changes in self-reported preferences for risk.

Keywords: Financial assets; households; risk appetite; risk preference (search for similar items in EconPapers)
Date: 2012
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