Nonlinear linkages between financial risk tolerance and demographic characteristics
- 6 August 2009
- journal article
- research article
- Published by Taylor & Francis Ltd in Applied Economics Letters
- Vol. 16 (13), 1329-1332
- https://doi.org/10.1080/13504850701381123
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.Keywords
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