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The Portfolio Choices of Hispanic Couples

Cobb-Clark, Deborah; Hildebrand, Vincent

Description

Objectives. The objective of this article is to assess the overall wealth level and portfolio choices of Hispanic families. Methods. We use Survey of Income and Program Participation (SIPP) data to first estimate the determinants of net worth. Conditioning on overall wealth levels, we then estimate a model of asset portfolios. Results. Our results reveal that Hispanic couples as a group are less wealthy than otherwise similar white couples, although there is substantial variation across...[Show more]

CollectionsANU Research Publications
Date published: 2006
Type: Journal article
URI: http://hdl.handle.net/1885/18501
Source: Social Science Quarterly
DOI: 10.1111/j.1540-6237.2006.00431.x

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