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Cited by 473

The DOI matches its Crossref record; 23 of the 23 references it cites were found in a registry or an index.

empirical investigation of personal financial risk tolerance

Open access
Hallahan, Terrence A., Faff, Robert W., McKenzie, Michael D.·2004·Financial Services Review

Abstract

We analyze a large database of psychometrically derived financial risk tolerance scores (RTS) and associated demographic information. We find that people's self-assessed risk tolerance generally accords with RTS. Furthermore, we find that gender, age, number of dependents, marital status, income, and wealth arc significantly related to the RTS. Notably, the relationship between age and risk tolerance exhibits a significant nonlinear structure.

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Metadata

Authors
Hallahan, T. A., Faff, R. W., & McKenzie, M. D.
Venue
Financial Services Review
Published
2004-03-30
Volume
13
Issue
1
Pages
57-78
ISSN
  • 1057-0810 (ISSN-L)
  • 1873-5673
OpenAlex
W1761808342
Cited by
473
References
23
FWCI
25.53
Type
journal article
Language
en
Open access
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CoChat. (2026). Citation check: empirical investigation of personal financial risk tolerance. https://app.cochat.ai/papers/10.61190/fsr.v13i1.4782
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Hallahan, T. A., Faff, R. W., & McKenzie, M. D. (2004). empirical investigation of personal financial risk tolerance. Financial Services Review. https://doi.org/10.61190/fsr.v13i1.4782

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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.