Nonlinear linkages between financial risk tolerance and demographic characteristics

Robert Faff, Terrence Hallahan and Michael McKenzie

Applied Economics Letters, 2009, vol. 16, issue 13, 1329-1332

Abstract: We explore the nonlinear linkage between financial risk tolerance and demographic characteristics. Our tests support the nonlinear role of age, income and number of dependents.

Date: 2009
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DOI: 10.1080/13504850701381123

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