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- Publisher Website: 10.1300/J031v12n03_01
- Scopus: eid_2-s2.0-0034848960
- PMID: 11554368
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Article: Taking risks in investing in the equity market: Racial and ethnic differences
Title | Taking risks in investing in the equity market: Racial and ethnic differences |
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Authors | |
Keywords | Investment behavior Minority Privatization Social security |
Issue Date | 2001 |
Publisher | Haworth Press, Inc. The Journal's web site is located at http://www.haworthpress.com/web/JASP |
Citation | Journal Of Aging And Social Policy, 2001, v. 12 n. 3, p. 1-21 How to Cite? |
Abstract | Some policy makers and policy analysts have proposed that Social Security should be privatized to enable participants to achieve higher returns through investment in the stock market. How well individual retirees would fare financially under a privatized system largely depends on their decision to invest in the equity market, rather than in other types of investment vehicles. For that reason, it is important to investigate the degree to which minority people are currently investing in this market. This article presents the findings of a study that compared the investment behavior of black and Hispanic people aged 51 to 61 with the investment behavior of their white counterparts. The major findings indicate that black and Hispanic people: (a) are less likely to invest in the equity market than are white people, and (b) tend to invest smaller percentages of their assets in the equity market. Implications for policy are discussed. [Article copies available for a fee from The Haworth Document Delivery Service: 1-800-342-9678. E-mail address: |
Persistent Identifier | http://hdl.handle.net/10722/172042 |
ISSN | 2023 Impact Factor: 2.0 2023 SCImago Journal Rankings: 1.365 |
References |
DC Field | Value | Language |
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dc.contributor.author | Ozawa, MN | en_US |
dc.contributor.author | Lum, YS | en_US |
dc.date.accessioned | 2012-10-30T06:19:47Z | - |
dc.date.available | 2012-10-30T06:19:47Z | - |
dc.date.issued | 2001 | en_US |
dc.identifier.citation | Journal Of Aging And Social Policy, 2001, v. 12 n. 3, p. 1-21 | en_US |
dc.identifier.issn | 0895-9420 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/172042 | - |
dc.description.abstract | Some policy makers and policy analysts have proposed that Social Security should be privatized to enable participants to achieve higher returns through investment in the stock market. How well individual retirees would fare financially under a privatized system largely depends on their decision to invest in the equity market, rather than in other types of investment vehicles. For that reason, it is important to investigate the degree to which minority people are currently investing in this market. This article presents the findings of a study that compared the investment behavior of black and Hispanic people aged 51 to 61 with the investment behavior of their white counterparts. The major findings indicate that black and Hispanic people: (a) are less likely to invest in the equity market than are white people, and (b) tend to invest smaller percentages of their assets in the equity market. Implications for policy are discussed. [Article copies available for a fee from The Haworth Document Delivery Service: 1-800-342-9678. E-mail address: <getinfoηaworthpressinc.com> Website: <http://www.HaworthPress.com>] © 2001 by The Haworth Press, Inc. All rights reserved. | en_US |
dc.language | eng | en_US |
dc.publisher | Haworth Press, Inc. The Journal's web site is located at http://www.haworthpress.com/web/JASP | en_US |
dc.relation.ispartof | Journal of Aging and Social Policy | en_US |
dc.subject | Investment behavior | - |
dc.subject | Minority | - |
dc.subject | Privatization | - |
dc.subject | Social security | - |
dc.subject.mesh | African Americans - Statistics & Numerical Data | en_US |
dc.subject.mesh | Demography | en_US |
dc.subject.mesh | European Continental Ancestry Group - Statistics & Numerical Data | en_US |
dc.subject.mesh | Female | en_US |
dc.subject.mesh | Hispanic Americans - Statistics & Numerical Data | en_US |
dc.subject.mesh | Humans | en_US |
dc.subject.mesh | Investments | en_US |
dc.subject.mesh | Male | en_US |
dc.subject.mesh | Regression Analysis | en_US |
dc.subject.mesh | Risk-Taking | en_US |
dc.subject.mesh | Social Security - Economics | en_US |
dc.subject.mesh | United States | en_US |
dc.title | Taking risks in investing in the equity market: Racial and ethnic differences | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lum, YS: tlum@hku.hk | en_US |
dc.identifier.authority | Lum, YS=rp01513 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1300/J031v12n03_01 | en_US |
dc.identifier.pmid | 11554368 | - |
dc.identifier.scopus | eid_2-s2.0-0034848960 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0034848960&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 12 | en_US |
dc.identifier.issue | 3 | en_US |
dc.identifier.spage | 1 | en_US |
dc.identifier.epage | 21 | en_US |
dc.publisher.place | United States | en_US |
dc.identifier.scopusauthorid | Ozawa, MN=7202101394 | en_US |
dc.identifier.scopusauthorid | Lum, YS=8615080500 | en_US |
dc.identifier.issnl | 0895-9420 | - |