The Demographics of Risk and Fear
Colin Read
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Colin Read: SUNY College
Chapter 8 in The Fear Factor, 2009, pp 67-75 from Palgrave Macmillan
Abstract:
Abstract Fear, a measure of our tolerance for and reaction to risk or danger, has a demographic dimension as well as a wealth dimension. Our economic security, income, wealth, and human capital all change throughout our lifetimes. In this cycle of life, we also gain knowledge, wisdom, and experiences that can guide us when faced with financial threats. This life cycle has a number of interesting aspects.
Keywords: Human Capital; Risk Aversion; Risky Asset; Saving Rate; Financial Planner (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25086-4_9
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DOI: 10.1057/9780230250864_9
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