東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Influences of age and investor chara...

Jacobs-Lawson, Joy Michelle.

Linked to FindBook

Google Book

Amazon

博客來

Influences of age and investor characteristics on women's retirement investment decisions.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Influences of age and investor characteristics on women's retirement investment decisions./
Author:	Jacobs-Lawson, Joy Michelle.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2003,
Description:	120 p.
Notes:	Source: Dissertations Abstracts International, Volume: 65-07, Section: B.
Contained By:	Dissertations Abstracts International65-07B.
Subject:	Developmental psychology. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3105772
ISBN:	9780496533398

Influences of age and investor characteristics on women's retirement investment decisions.
Jacobs-Lawson, Joy Michelle.

Influences of age and investor characteristics on women's retirement investment decisions. - Ann Arbor : ProQuest Dissertations & Theses, 2003 - 120 p.

Source: Dissertations Abstracts International, Volume: 65-07, Section: B.

Thesis (Ph.D.)--Oklahoma State University, 2003.

This item must not be sold to any third party vendors.

Scope and method of study. Due to the aging of members of the baby boom generation and their lack of retirement savings, there has been a substantial increase in the literature on how demographic and psychological factors influence individuals' investment practices. Unfortunately, much of this literature has focused on men; therefore, little is understood about women's retirement investment behaviors. In the present study, 130 women (aged 25-65 years) made asset allocations on behalf of a young hypothetical investor, an older hypothetical investor, and themselves. Following each investment decision, participants were asked to indicate the importance of the information they considered when making their decision. The goals of the dissertation were to (a) examine how participants' age and knowledge of retirement planning, as well as the age of the hypothetical investor influenced the way in which women allocated funds for the two hypothetical investors and (b) examine how women's personal investment decisions are related to four demographic variables (i.e., age, income, marital status, and educational level), and four psychological variables (i.e., knowledge of retirement planning, retirement goal clarity, subjective risk tolerance, and future time perspective). Results and conclusions. Results revealed that women with high knowledge of retirement planning were more risky in their allocations for the younger hypothetical investor than the older hypothetical investor. It was also shown that women allocated funds among more options for the younger hypothetical investor than the older. Regression analyses for the self-investment task failed to show that the demographic variables have a direct influence on allocation risk. With respect to the psychological variables, subjective risk tolerance was positively related to allocation risk. Additionally, there was a significant interaction between age and knowledge of retirement planning. Examination of the information considered when making the allocation decisions revealed that age influenced the information women consider when making investment allocations for the hypothetical investors and themselves. Overall, findings indicate that developmental differences exist in the variables that influence women's asset allocations and the information women consider when making investment decisions.

ISBN: 9780496533398Subjects--Topical Terms:

516948
Developmental psychology.
Subjects--Index Terms:

Age

Influences of age and investor characteristics on women's retirement investment decisions.
LDR:03641nmm a2200397 4500 001 2266647
005 20200623062742.5
008 220629s2003 ||||||||||||||||| ||eng d
020 $a 9780496533398
035 $a (MiAaPQ)AAI3105772
035 $a AAI3105772
040 $a MiAaPQ $c MiAaPQ
100 1 $a Jacobs-Lawson, Joy Michelle. $3 3543861
245 1 0 $a Influences of age and investor characteristics on women's retirement investment decisions.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2003
300 $a 120 p.
500 $a Source: Dissertations Abstracts International, Volume: 65-07, Section: B.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Hershey, Douglas A.
502 $a Thesis (Ph.D.)--Oklahoma State University, 2003.
506 $a This item must not be sold to any third party vendors.
506 $a This item must not be added to any third party search indexes.
520 $a Scope and method of study. Due to the aging of members of the baby boom generation and their lack of retirement savings, there has been a substantial increase in the literature on how demographic and psychological factors influence individuals' investment practices. Unfortunately, much of this literature has focused on men; therefore, little is understood about women's retirement investment behaviors. In the present study, 130 women (aged 25-65 years) made asset allocations on behalf of a young hypothetical investor, an older hypothetical investor, and themselves. Following each investment decision, participants were asked to indicate the importance of the information they considered when making their decision. The goals of the dissertation were to (a) examine how participants' age and knowledge of retirement planning, as well as the age of the hypothetical investor influenced the way in which women allocated funds for the two hypothetical investors and (b) examine how women's personal investment decisions are related to four demographic variables (i.e., age, income, marital status, and educational level), and four psychological variables (i.e., knowledge of retirement planning, retirement goal clarity, subjective risk tolerance, and future time perspective). Results and conclusions. Results revealed that women with high knowledge of retirement planning were more risky in their allocations for the younger hypothetical investor than the older hypothetical investor. It was also shown that women allocated funds among more options for the younger hypothetical investor than the older. Regression analyses for the self-investment task failed to show that the demographic variables have a direct influence on allocation risk. With respect to the psychological variables, subjective risk tolerance was positively related to allocation risk. Additionally, there was a significant interaction between age and knowledge of retirement planning. Examination of the information considered when making the allocation decisions revealed that age influenced the information women consider when making investment allocations for the hypothetical investors and themselves. Overall, findings indicate that developmental differences exist in the variables that influence women's asset allocations and the information women consider when making investment decisions.
590 $a School code: 0664.
650 4 $a Developmental psychology. $3 516948
650 4 $a Cognitive therapy. $3 524357
650 4 $a Womens studies. $3 2122688
650 4 $a Gerontology. $3 533633
653 $a Age
653 $a Investment
653 $a Retirement
653 $a Women
690 $a 0620
690 $a 0633
690 $a 0453
690 $a 0351
710 2 $a Oklahoma State University. $3 626630
773 0 $t Dissertations Abstracts International $g 65-07B.
790 $a 0664
791 $a Ph.D.
792 $a 2003
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3105772