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Investments: women are more cautious than men because they have less financial resources at their disposal
Köln University.
Deutsche Bundesbank.
Jönköping University, Jönköping International Business School.
2010 (English)In: DIW Berlin, Weekly Report, ISSN 1860-3343, Vol. 6, no 1, p. 1-4Article in journal (Other academic) Published
Abstract [en]

Experts on investments and financial products assume that women are less amenable to risks and therefore put their money into secure investment products. A current study conducted by the DIW Berlin (German Institute for Economic Research) challenges this view. The study demonstrates that men and women are equally likely to take a chance on risky investments – assuming that they have the same financial resources at their disposal. A general cliché may not longer be true: that sex is a determinant factor in investment decisions and that the difference in attitudes toward investment between men and women is a result of gender-based investment attitudes. Women are likely to have cautious investment habits because – as a rule – they have only half the investment resources available that men have at their disposal.

Place, publisher, year, edition, pages
2010. Vol. 6, no 1, p. 1-4
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-23254OAI: oai:DiVA.org:hj-23254DiVA, id: diva2:690629
Available from: 2014-01-24 Created: 2014-01-24 Last updated: 2014-02-27Bibliographically approved

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Schäfer, Dorothea

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