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An Investigation into the Differences of Investment Decisions and Risk Aversion between Genders in the United States for 401(k) Accounts

Thesis advisor: Alicia Munnell / Thesis advisor: Tony Webb / Risk level of investments helps to determine investment return in the long run. Consequently, it is important to understand how investors determine their acceptable level of risk. Previous studies have suggested that women have a lower risk tolerance in investing than men. This is troubling because it means that women are likely to make lower returns on investments than men. This difference in acceptable risk could lead to income inequality between men and women during retirement as people rely on wealth generated from investments made during their lifetime to live during this stage of life. This study seeks to explain what motivates women to choose their acceptable level of investment risk by expanding on the models of previous studies, which are believed to be overly simplistic in their treatment of gender. / Thesis (BA) — Boston College, 2008. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Economics. / Discipline: College Honors Program.

Identiferoai:union.ndltd.org:BOSTON/oai:dlib.bc.edu:bc-ir_102443
Date January 2008
CreatorsFarahmand, Kristyn P
PublisherBoston College
Source SetsBoston College
LanguageEnglish
Detected LanguageEnglish
TypeText, thesis
Formatelectronic, application/pdf
RightsCopyright is held by the author, with all rights reserved, unless otherwise noted.

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