Gender differences in defined contribution pension decisions

@inproceedings{Bajtelsmit1999GenderDI,
  title={Gender differences in defined contribution pension decisions},
  author={Vickie L. Bajtelsmit and Alexandra Bernasek and Nancy A. Jianakoplos},
  year={1999}
}
Abstract This paper considers gender differences in allocation of household wealth to defined contribution pensions. Using data from the 1989 Survey of Consumer Finances , we estimate the coefficient of relative risk aversion based on the allocation of wealth into defined contribution pensions. Unlike previous studies, we consider the problem in the context of the household’s overall portfolio. We find that women exhibit greater relative risk aversion in their allocation of wealth into defined… CONTINUE READING

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