Abstract
Fear, a measure of our tolerance for and reaction to risk or danger, has a demographic dimension as well as a wealth dimension. Our economic security, income, wealth, and human capital all change throughout our lifetimes. In this cycle of life, we also gain knowledge, wisdom, and experiences that can guide us when faced with financial threats. This life cycle has a number of interesting aspects.
Keywords
Human Capital Risk Aversion Risky Asset Saving Rate Financial Planner
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information
© Colin Read 2009