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• W2091278323 abstract "Racial differences in investment behavior are investigated using data from the 1995 Survey of Consumer Finances. Socioeconomic, financial, and attitudinal variables are incorporated in a life-cycle savings model. The impact of all variables is allowed to differ between Black households and White households to understand racial differences in risky asset ownership. We determine that observed racial differences in risky asset ownership are explained by racial differences in the individual determinants of risky asset ownership, not by race in and of itself. Specifically, these differences seem to center on the impact of children and household size.JEL classification: D12; D91; G11; J70" @default.
• W2091278323 created "2016-06-24" @default.
• W2091278323 creator A5059133776 @default.
• W2091278323 date "1999-01-01" @default.
• W2091278323 modified "2023-09-27" @default.
• W2091278323 title "Racial differences in investor decision making" @default.
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• W2091278323 doi "https://doi.org/10.1016/s1057-0810(99)00040-2" @default.
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