Logit- and tobit-regression estimation results indicate that investments by Russian citizens in stocks, bonds, and mutual funds are primarily limited by high financial risk aversion rather than insufficient financial literacy.

Authors

• Person: C. Gautam, R. Wadhwa, T. V. Raman Organization: Financial University under the Government of the Russian Federation
  Examining Behavioural Aspects of Financial Decision Making - OUCI

Sources

• Examining Behavioural Aspects of Financial Decision Making - OUCI ouci.dntb.gov.ua C. Gautam, R. Wadhwa, T. V. Raman · Financial University under the Government of the Russian Federation via serper

Referenced by nodes (3)

• stocks concept
• financial literacy concept
• bonds concept