Abstract

http://ssrn.com/abstract=2238
 
 

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Why Do Women Invest Differently than Men?


Vickie L. Bajtelsmit


Colorado State University, Fort Collins - Department of Finance & Real Estate

Alexandra Bernasek


Colorado State University - Department of Economics


Financial Counseling and Planning

Abstract:     
Several recent studies have found that women invest their pensions more conservatively than men (Bajtelsmit and VanDerhei, 1996; Hinz, McCarthy, and Turner, 1996) and that women are more risk averse (Jianakoplos and Bernasek, 1996). Although these findings have serious implications for the well-being of women in retirement, the reasons for observed gender differences are less well- defined. This paper surveys the existing literature regarding gender differences in investment and considers the policy implications of these differences. The authors provide a summary and organization of the explanations for gender differences that have been offered in a variety of fields, including economics, sociology, education and gender studies.

Number of Pages in PDF File: 10

JEL Classification: D80

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Date posted: February 1, 1997  

Suggested Citation

Bajtelsmit, Vickie L. and Bernasek, Alexandra, Why Do Women Invest Differently than Men?. Financial Counseling and Planning. Available at SSRN: http://ssrn.com/abstract=2238 or http://dx.doi.org/10.2139/ssrn.2238

Contact Information

Vickie L. Bajtelsmit (Contact Author)
Colorado State University, Fort Collins - Department of Finance & Real Estate ( email )
C366 Andrew G. Clark Bldg.
Fort Collins, CO 80523
United States
907-491-0610 (Phone)
907-491-7665 (Fax)
Alexandra Bernasek
Colorado State University - Department of Economics ( email )
Fort Collins, CO 80523
United States
970-217-1480 (Phone)
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References:  60
Citations:  21
Footnotes:  3

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