Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/33424
Authors: 
Cobb-Clark, Deborah A.
Hildebrand, Vincent A.
Year of Publication: 
2006
Series/Report no.: 
IZA Discussion Papers 1948
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.
Subjects: 
portfolio choices
Hispanic
JEL: 
J61
G11
J10
Document Type: 
Working Paper

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