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Risk Tolerance and Demographic Characteristics: Preliminary Irish EvidenceBrian M. LuceyTrinity College, Dublin - School of Business; University of Dublin - Institute for International Integration Studies (IIIS); Glasgow Caledonian University - Division of Accounting & Finance Megan MulhollandUniversity of Dublin - School of Business Studies Charles James LarkinTrinity College Dublin; Cardiff Metropolitan University September 13, 2012 Abstract: We examine by means of a survey of Irish adults the extent of financial risk tolerance in Irish adults. We administer the Grable & Lytton 13 item risk tolerance instrument, and find a number of stylized facts 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.
Number of Pages in PDF File: 28 Keywords: Risk, survey, financial risk, Ireland JEL Classification: C83, D14, D81, G02 working papers seriesDate posted: December 7, 2011 ; Last revised: September 13, 2012Suggested CitationContact Information
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