Does COVID-19 really make people risk aversion in investment decision-making?
The economic fallout from COVID-19 pandemic changes individuals’ investment perceptions and behaviors in a tremendous way. Consequently, investment decision-making has been affected as people have to adjust to the new environment. This study aims to study whether COVID-19 really make people risk ave...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2022-01-01
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| Series: | SHS Web of Conferences |
| Subjects: | |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2022/02/shsconf_ies2021_01021.pdf |
| _version_ | 1819242932517994496 |
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| author | Iqbal Muhammad Shadab Li Lin |
| author_facet | Iqbal Muhammad Shadab Li Lin |
| author_sort | Iqbal Muhammad Shadab |
| collection | DOAJ |
| description | The economic fallout from COVID-19 pandemic changes individuals’ investment perceptions and behaviors in a tremendous way. Consequently, investment decision-making has been affected as people have to adjust to the new environment. This study aims to study whether COVID-19 really make people risk aversion due to the economic slowdown. Our empirical results are analyzed from household finance data in U.S in July 2021. It is found that COVID-19 proximity, income, and occupation are positively associate with risking taking in investment decision-making, while age and family size are not. This study contributes to the newly emerged body of knowledge on post pandemic investment decision-making and risk behavior analysis and provide implications for financial investment institutions. |
| first_indexed | 2024-12-23T14:47:40Z |
| format | Article |
| id | doaj.art-833567b626324c89902453dedcdf91bb |
| institution | Directory Open Access Journal |
| issn | 2261-2424 |
| language | English |
| last_indexed | 2024-12-23T14:47:40Z |
| publishDate | 2022-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj.art-833567b626324c89902453dedcdf91bb2022-12-21T17:43:03ZengEDP SciencesSHS Web of Conferences2261-24242022-01-011320102110.1051/shsconf/202213201021shsconf_ies2021_01021Does COVID-19 really make people risk aversion in investment decision-making?Iqbal Muhammad Shadab0Li Lin1Graduate School of Venture, Hoseo UniversityCollege of Business Administration, Kookmin UniversityThe economic fallout from COVID-19 pandemic changes individuals’ investment perceptions and behaviors in a tremendous way. Consequently, investment decision-making has been affected as people have to adjust to the new environment. This study aims to study whether COVID-19 really make people risk aversion due to the economic slowdown. Our empirical results are analyzed from household finance data in U.S in July 2021. It is found that COVID-19 proximity, income, and occupation are positively associate with risking taking in investment decision-making, while age and family size are not. This study contributes to the newly emerged body of knowledge on post pandemic investment decision-making and risk behavior analysis and provide implications for financial investment institutions.https://www.shs-conferences.org/articles/shsconf/pdf/2022/02/shsconf_ies2021_01021.pdfrisk aversionrisk takinginvestment decision-makingcovid-19 pandemic |
| spellingShingle | Iqbal Muhammad Shadab Li Lin Does COVID-19 really make people risk aversion in investment decision-making? SHS Web of Conferences risk aversion risk taking investment decision-making covid-19 pandemic |
| title | Does COVID-19 really make people risk aversion in investment decision-making? |
| title_full | Does COVID-19 really make people risk aversion in investment decision-making? |
| title_fullStr | Does COVID-19 really make people risk aversion in investment decision-making? |
| title_full_unstemmed | Does COVID-19 really make people risk aversion in investment decision-making? |
| title_short | Does COVID-19 really make people risk aversion in investment decision-making? |
| title_sort | does covid 19 really make people risk aversion in investment decision making |
| topic | risk aversion risk taking investment decision-making covid-19 pandemic |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2022/02/shsconf_ies2021_01021.pdf |
| work_keys_str_mv | AT iqbalmuhammadshadab doescovid19reallymakepeopleriskaversionininvestmentdecisionmaking AT lilin doescovid19reallymakepeopleriskaversionininvestmentdecisionmaking |