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‘Invest!’: Liberty Bonds and Stock Ownership over the Twentieth Century

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NBER2025-03-01 更新2025-03-15 收录
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The Liberty Bond drives of World War I were nation-wide interventions aimed at increasing financial literacy and associating bond ownership with patriotism. Using data from the first year of the Survey of Consumer Finances, 1947, through 1971, we investigate whether exposure to the drives shaped

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2025-03-01
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