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http://hdl.handle.net/10419/33424
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| Title: | | The portfolio choices of Hispanic couples  |
| Authors: | | Cobb-Clark, Deborah A. Hildebrand, Vincent A. |
| Issue Date: | | 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 |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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