Vestnik On-line
Orenburg State University december 23, 2024   RU/EN
Headings of Vestnik
Pedagogics
Psychology
Other

Search
Vak
Антиплагиат
Orcid
Viniti
ЭБС Лань
Rsl
Лицензия Creative Commons

2013, № 8 (157)



Orgeeva M.E. FINANCIAL RISK ASSESSMENT AS PART OF PREPARATION OF FINANCIAL LITERACYThis article examines the concept of "risk tolerance" in relation to the objectives to financial literacy programs. It is shown that the existing approaches to researches on risk tolerance limited to those implied qualified investor behavior. We scrutinize the opportunities for the development of modern research combining individual risk attitudes and risk tolerance approaches with the objectives of economic socialization and financial literacy programs.Key words: risk tolerance, risk capacity, economical socialization, economic behavior, financial literacy, personal finances management.

Download
References:

1. Repin, D. Evaluation of investor risk tolerance: a cheap marketing ploy or a real competitive advantage? // Stock Market. — 2005. — № 12. — P. 31–34.

2. Campbell J. Y, Viceira L. M. The Term Structure of the Risk: Return Trade-Off [Electronic resource]. — Access mode : http://www.nber.org/papers/w11119

3. Cordell, D. M. Risk tolerance in two dimensions [Electronic resource]. — Access mode : available at www.fpanet.org/journal/articles/2002_Issues/jfp0502-art5.cfm

4. Financial Analysts Journal. — 2005. — Vol. 61, № 1 (Jan. — Feb.). — P. 34–44.

5. Grable J. E., Lytton R. H. Assessing The Concurrent Validity Of The SCF Risk Tolerance Question // Financial Counseling and Planning. — 2001. — Volume 12(2). — P. 43–53.

6. Hanna S. D., Chen P. Subjective and objective risk tolerance : Implications for optimal portfolios // Financial Counseling and Planning. — 1997. — № 8 (2). — P. 17–26.

7. Hanna S. D., Lindamood S. An improved measure of risk aversion // Financial Counseling and Planning. — 2004. — № 15 (2). — P. 27–38.

8. Journal of Financial Planning. — August. — P. 48–55

9. Stigler G. J., Becker G. S. De gustibus non est disputandum // American Economic Review. — 1977. — № 67 (2). — P. 76–90.

10. Viceira, L. M. Life-cycle funds [Electronic resource]. — Access mode : http://ssrn.com/abstract=988362.

11. Wang C., Hanna S. D. The risk tolerance and stock ownership of business owning households // Financial Counseling and Planning. — 2007. — № 18 (2). — P. 3–18.

12. Yao R., Gutter M. S., Hanna S. D. The financial risk tolerance of Blacks, Hispanics and whites // Financial Counseling and Planning. — 2005. — № 16 (1). — P. 51–62.

13. Yao R., Hanna S. D., Lindamood S. Changes in financial risk tolerance, 1983–2001 // Financial Services Review. — 2004. — № 13 (4). — P. 249–266.

14. Yook K., Everett R. Assessing risk tolerance : Questioning the questionnaire method // Journal of Financial Planning. — 2003. — August. — P. 48–55.


About this article

Author: Orgeeva M.E.

Year: 2013


Editor-in-chief
Sergey Aleksandrovich
MIROSHNIKOV

Crossref
Cyberleninka
Doi
Europeanlibrary
Googleacademy
scienceindex
worldcat
© Электронное периодическое издание: ВЕСТНИК ОГУ on-line (VESTNIK OSU on-line), ISSN on-line 1814-6465
Зарегистрировано в Федеральной службе по надзору в сфере связи, информационных технологий и массовых коммуникаций
Свидетельство о регистрации СМИ: Эл № ФС77-37678 от 29 сентября 2009 г.
Учредитель: Оренбургский государственный университет (ОГУ)
Главный редактор: С.А. Мирошников
Адрес редакции: 460018, г. Оренбург, проспект Победы, д. 13, к. 2335
Тел./факс: (3532)37-27-78 E-mail: vestnik@mail.osu.ru
1999–2024 © CIT OSU