Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression
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DOI: 10.1111/jofi.12469
Abstract: Formative experiences are a natural candidate for explaining heterogeneity in portfolio choice. However, identifying their impact is challenging because experiences can correlate with unobservables and they may lead to changes in wealth and other determinants… read more here.
Keywords: formative experiences; depression; portfolio choice; finnish great ... See more keywords