Risk tolerance and demographic characteristics

Preliminary Irish evidence

Authors

  • Charles Larkin Business School and Institute for International Integration Studies, Trinity College Dublin
  • Brian M. Lucey Business School and Institute for International Integration Studies, Trinity College Dublin
  • Megan Mulholland Business School and Institute for International Integration Studies, Trinity College Dublin

DOI:

https://doi.org/10.61190/fsr.v22i1.4643

Keywords:

Ireland, Financial risk, Survey, Risk

Abstract

We examine by means of a survey and subsequent statistical analysis the extent of financial risk tolerance in Irish adults. We administer the (Grable & Lytton, 1999) 13 item risk tolerance instrument, and find confirmed a number of stylized facts found elsewhere on age, gender, and education levels and their impact on risk tolerance. This is to our knowledge the first comprehensive survey of Irish adults on their risk tolerance.

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Published

2013-03-31

How to Cite

Larkin, C., Lucey, B. M., & Mulholland, M. (2013). Risk tolerance and demographic characteristics: Preliminary Irish evidence. Financial Services Review, 22(1), 77–91. https://doi.org/10.61190/fsr.v22i1.4643

Issue

Vol. 22 No. 1 (2013): FSR Spring 2013

Section

New Original Submission

License

Copyright (c) 2013 Academy of Financial Services

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