Rational Lifetime Investment Strategies: Gender Differences in the Allocation of Assets in Retirement Savings Plans
Abstract
Previous research has demonstrated that women have greater risk aversion than men.
Controlling for age, education, family size, income, self-reported financial risk
tolerance,
and occupation, this study examines the impact of gender on asset allocation decisions
in
retirement accounts. Our findings suggests that after accounting for a large number
of
factors, single women tend to choose more conservative investment allocations in their
retirement accounts than do single men. However, within married households, no
significant gender differences in asset allocation were found. Spousal influence within
married couples was examined and seemed to explain away gender differences for married
households.
Type
Honors thesisDepartment
MathematicsPermalink
https://hdl.handle.net/10161/1414Citation
Lancaster, Chase; & Raj, Anubhav (2009). Rational Lifetime Investment Strategies: Gender Differences in the Allocation of Assets
in Retirement Savings Plans. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/1414.Collections
More Info
Show full item record
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
Rights for Collection: Undergraduate Honors Theses and Student papers
Works are deposited here by their authors, and represent their research and opinions, not that of Duke University. Some materials and descriptions may include offensive content. More info