Measurement of diversification between asset classes in the Survey of Consumer Finances

被引:2
|
作者
Shin, Su Hyun [1 ]
Seay, Martin C. [2 ]
Kim, Kyong Tae [1 ]
机构
[1] Univ Alabama, Consumer Sci, Tuscaloosa, AL USA
[2] Kansas State Univ, Personal Financial Planning, Manhattan, KS 66506 USA
关键词
Diversification; Asset allocation; Portfolio choice; Investment decisions; Survey of Consumer Finances;
D O I
10.1016/j.econlet.2017.04.007
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using the 2010 and 2013 Survey of Consumer Finances, we propose two new measures of asset class diversification that account for two main dimensions; the number of asset classes held and the degree of concentration of wealth in each asset class. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:22 / 26
页数:5
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