Proceedings of the 2018 5th International Conference on Management Science and Management Innovation (MSMI 2018)

Risk Preference Theory and Family Portfolio -- The Evidence from Chinese Household Finance Survey

Authors
Yi-Chen DONG
Corresponding Author
Yi-Chen DONG
Available Online April 2018.
DOI
https://doi.org/10.2991/msmi-18.2018.17How to use a DOI?
Keywords
Risk preference, Expect, Family portfolio.
Abstract

This paper studies the factors that influence the Chinese family investment portfolio based on the traditional Sharpe investment theory, the traditional budget constraint subdivided in two aspects of income and wealth, add the forecast factors, combined with Chinese Household Finance Survey micro database to carry on the empirical analysis, the results showed that in addition to the risk attitude of family wealth factor has a significant effect on the portfolio, and expected rates of change on the influence of domestic securities investment is not significant.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2018 5th International Conference on Management Science and Management Innovation (MSMI 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
April 2018
ISBN
978-94-6252-527-6
ISSN
2352-5428
DOI
https://doi.org/10.2991/msmi-18.2018.17How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yi-Chen DONG
PY  - 2018/04
DA  - 2018/04
TI  - Risk Preference Theory and Family Portfolio -- The Evidence from Chinese Household Finance Survey
BT  - Proceedings of the 2018 5th International Conference on Management Science and Management Innovation (MSMI 2018)
PB  - Atlantis Press
SP  - 93
EP  - 98
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-18.2018.17
DO  - https://doi.org/10.2991/msmi-18.2018.17
ID  - DONG2018/04
ER  -