The Portfolio Choices of Hispanic Couples

Deborah Cobb-Clark and Vincent Hildebrand

No 1948, IZA Discussion Papers from Institute of Labor Economics (IZA)

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 Hispanics 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: Hispanic; portfolio choices (search for similar items in EconPapers)
JEL-codes: G11 J10 J61 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2006-01
New Economics Papers: this item is included in nep-fin
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Citations: View citations in EconPapers (6)

Published - published in: Social Science Quarterly, 2006, 87 (5), 1344-1363

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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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