Mahieu, Ronan; Lavigne, Anne; El Mekkaoui de Freitas, Najat - Université Paris-Dauphine (Paris IX) - 2001
lifetime horizon, the thinner the share of risky assets in the total wealth should be. Yet this assertion relies on a … an increasing holding of risky assets with age, we test the relevance of these arguments on French survey data (1998 …) using Probit and Logit regressions. We show that elder households are more likely to hold risky assets than younger ones …