Effect of general economic mood on investor risk tolerance - implications for financial planning

Santacruz, Lujer (2009) Effect of general economic mood on investor risk tolerance - implications for financial planning. JASSA: The Finsia Journal of Applied Finance, 2009 (1). pp. 35-42. ISSN 0313-5934

Abstract

This study indicates that the risk tolerance of Australian investors is not affected by general economic mood and, therefore, it is not necessary to adjust risk tolerance scores to account for changes in the investment climate. However, financial planners should recognise that herding behaviour could still result from investors being influenced by recent events.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restrcited access to paper due to publisher copyright restrictions.
Depositing User: Users 325 not found.
Faculty / Department / School: Historic - Faculty of Business - School of Accounting, Economics and Finance
Date Deposited: 13 Jan 2010 02:58
Last Modified: 02 Jul 2013 23:17
Uncontrolled Keywords: risk tolerance, economic mood, risk assessment, risk profile, financial planning
Fields of Research (FOR2008): 14 Economics > 1402 Applied Economics > 140207 Financial Economics
Socio-Economic Objective (SEO2008): E Expanding Knowledge > 97 Expanding Knowledge > 970114 Expanding Knowledge in Economics
URI: http://eprints.usq.edu.au/id/eprint/5185

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