Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/151076
Authors: 
Badunenko, Oleg
Barasinska, Nataliya
Schäfer, Dorothea
Year of Publication: 
2010
Citation: 
[Journal:] Weekly Report [ISSN:] 1860-3343 [Year:] 2010 [Volume:] 6 [Issue:] 1 [Pages:] 1-4
Abstract: 
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.
Subjects: 
Gender
Risk aversion
Financial behavior
JEL: 
G11
J16
Document Type: 
Article

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