The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Personal Investing: Advice, Theory, and Evidence
Open accessAbstract
Data from a unique survey containing information on the composition of the respondents' total asset holdings—both inside and outside their retirement accounts—shed light on individual asset-allocation behavior. Individual asset allocations are consistent with the recommendations of expert practitioners and with the prescriptions of economic theory. The survey respondents maintain in cash and near-cash investments a proportion of their wealth that declines as wealth increases. They hold these safe assets outside their retirement accounts. The proportion of total assets that they hold in equities declines with age and rises with wealth. They do not appear to manage their assets across retirement and nonretirement accounts to maximize tax efficiency.
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Citations
Cites
Inflation, Index-Linked Bonds, and Asset Allocation
Bodie, Z. (1988) · doi:10.3386/w2793 · Cited by 52
Self-citation
Cited by
IVKOVIĆ, Z., & WEISBENNER, S. (2005) · The Journal of Finance · doi:10.1111/j.1540-6261.2005.00730.x · Cited by 1,310
Down or Out: Assessing the Welfare Costs of Household Investment Mistakes
Calvet, L. E., Campbell, J. Y., & Sodini, P. (2007) · Journal of Political Economy · doi:10.1086/524204 · Cited by 992
Patterns of behavior of professionally managed and independent investors
Shapira, Z., & Venezia, I. (2001) · Journal of Banking & Finance · doi:10.1016/s0378-4266(00)00139-4 · Cited by 699
Household stockholding in Europe: where do we stand and where do we go?
Guiso, L., Haliassos, M., & Jappelli, T. (2003) · Economic Policy · doi:10.1111/1468-0327.00104 · Cited by 417
Fight or Flight? Portfolio Rebalancing by Individual Investors
Calvet, L., Campbell, J., & Sodini, P. (2008) · National Bureau of Economic Research · doi:10.3386/w14177 · Cited by 409
Metadata
- Authors
- Bodie, Z., & Crane, D. B.
- Venue
- Financial Analysts Journal
- Publisher
- Informa UK Limited
- Published
- 1997-11
- Volume
- 53
- Issue
- 6
- Pages
- 13-23
- ISSN
- 0015-198X (ISSN-L)
- 1938-3312
- OpenAlex
- W2095910323
- Cited by
- 173
- References
- 1
- FWCI
- 22.99
- Type
- journal article
- Language
- en
- Open access
- green
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
