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題名 Determinants of Household’s Willingness to Take Financial Risk: The Effect of Expectation
作者 黃智聰
Huang, Jr-Tsung;Xu, Xin;Chiang, Tsun-Feng
貢獻者 財政系
日期 2015-04
上傳時間 5-Jun-2015 15:00:55 (UTC+8)
摘要 The purpose of this study is to examine determinants of household’s willingness to take
     financial risks, particularly the effect of households’ expectation. The data this study used are
     the Survey of Consumer Finances 2007 by which researchers can examine the household
     financial issues before the financial crisis. By employing multinomial logit regression, the
     new finding of this study is that when the households expect the future economy will be
     better, they are not willing to take either no or substantial financial risk. This study uses the
     uncertainty theory with the timing of the survey to interpret this seemingly unintuitive result.
     Other findings are that age, more working people in a household, male, education and
     majority race are household characteristics positively affecting the probability of household’s
     willingness to take average and above-average financial risks.
關聯 Journal of Financial Counseling and Planning (Econlit)
資料類型 article
dc.contributor 財政系-
dc.creator (作者) 黃智聰-
dc.creator (作者) Huang, Jr-Tsung;Xu, Xin;Chiang, Tsun-Feng-
dc.date (日期) 2015-04-
dc.date.accessioned 5-Jun-2015 15:00:55 (UTC+8)-
dc.date.available 5-Jun-2015 15:00:55 (UTC+8)-
dc.date.issued (上傳時間) 5-Jun-2015 15:00:55 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/75592-
dc.description.abstract (摘要) The purpose of this study is to examine determinants of household’s willingness to take
     financial risks, particularly the effect of households’ expectation. The data this study used are
     the Survey of Consumer Finances 2007 by which researchers can examine the household
     financial issues before the financial crisis. By employing multinomial logit regression, the
     new finding of this study is that when the households expect the future economy will be
     better, they are not willing to take either no or substantial financial risk. This study uses the
     uncertainty theory with the timing of the survey to interpret this seemingly unintuitive result.
     Other findings are that age, more working people in a household, male, education and
     majority race are household characteristics positively affecting the probability of household’s
     willingness to take average and above-average financial risks.
-
dc.format.extent 340897 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Financial Counseling and Planning (Econlit)-
dc.title (題名) Determinants of Household’s Willingness to Take Financial Risk: The Effect of Expectation-
dc.type (資料類型) articleen