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Molecular Genetics, Risk Aversion, Return Perceptions, and Stock Market Participation

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NBER2020-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27638
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资源简介:
We show that molecular variation in DNA related to cognition, personality, health, and body shape, predicts an individuals equity market participation and risk aversion. Moreover, the molecular genetic endowments predict individuals return perceptions, most of which we find to be strikingly biased.
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2020-08-01
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