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Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2021.06.016
Abstract: Abstract Optimal stock investment decisions rely on assessments of the distribution of expected returns. Using a representative sample, we find over half the US population cannot answer simple questions on expected stock returns. Respondents who…
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Keywords:
stock return;
return ignorance;
return;
stock ... See more keywords