@article {7963,
	title = {The impact of immigrant status and racial/ethnic group on differences in responses to a risk aversion measure},
	journal = {Journal of Financial Counseling and Planning},
	volume = {24},
	year = {2013},
	note = {Export Date: 21 April 2014 Source: Scopus},
	pages = {63-76},
	publisher = {24},
	abstract = {Factors related to differences in risk aversion were analyzed with a measure of risk aversion inferred from answers to a hypothetical income gamble question in the U.S. Health and Retirement Study. Cumulative logistic regressions, controlling for income, age, gender, health status, current job status, and home ownership, showed that Blacks were more risk averse than Whites, but Hispanics born in the United States were not different from Whites. U.S. born respondents in an  other  group, largely Asian, were also not different from Whites. Hispanics and those in the other group who were immigrants were more risk averse than Whites. Racial/ethnic differences found in other risk aversion studies may be partly due to differences in immigrant status.   2013 Association for Financial Counseling and Planning Education. All rights of reproduction in any form reserved.},
	keywords = {Demographics, Net Worth and Assets, Risk Taking},
	url = {http://www.scopus.com/inward/record.url?eid=2-s2.0-84892566141andpartnerID=40andmd5=4e12b8c031640244bc493910cb0f6d15},
	author = {Fang, M. C. and Sherman D. Hanna and Chatterjee, Swarn}
}
@article {7723,
	title = {Who Among the Elderly Owns Stocks? The Role of Cognitive Ability and Bequest Motive},
	journal = {Journal of Family and Economic Issues},
	volume = {33},
	year = {2012},
	note = {Copyright - Springer Science Business Media, LLC 2012 Language of summary - English Pages - 338-352 ProQuest ID - 1030719840 Last updated - 2012-08-02 Place of publication - New York Corporate institution author - Kim, Eun Jin; Hanna, Sherman D; Chatterjee, Swarn; Lindamood, Suzanne DOI - 2726553591; 70920932; 53465; JFEI; SPVLJFEI108343339295},
	pages = {338-352},
	publisher = {33},
	abstract = {Conventional advice is to reduce risky investments as one ages. Such a generalized focus on risk avoidance may be inappropriate for elderly with longer life spans and those with financial goals that extend beyond their lifetime. To better understand risky asset holdings among the elderly, we investigated the effect of cognitive ability and bequest motive on stock ownership and stock purchase. Using the 2004 wave of the Health and Retirement Study, we found that one-third of elderly households held stocks and 36  of those elderly stockowners had recently acquired stocks. The respondent{\textquoteright}s cognitive ability and bequest motive were strongly related to stock ownership. Among those who owned stock, a bequest motive was positively related to a recent purchase of stocks. PUBLICATION ABSTRACT},
	keywords = {Health Conditions and Status, Healthcare, Net Worth and Assets, Retirement Planning and Satisfaction},
	doi = {10.1007/s10834-012-9295-2},
	url = {http://search.proquest.com.proxy.lib.umich.edu/docview/1030719840?accountid=14667http://mgetit.lib.umich.edu/?ctx_ver=Z39.88-2004andctx_enc=info:ofi/enc:UTF-8andrfr_id=info:sid/ProQ 3Aabiglobalandrft_val_fmt=info:ofi/fmt:kev:mtx:journalandrft.genre=articl},
	author = {Eun Jin Kim and Sherman D. Hanna and Chatterjee, Swarn and Lindamood, Suzanne}
}
