The beliefs channel.

The dependent variables in the OLS models presented in the table are the subjects’ beliefs regarding the risk of investing in stocks, and their perception of status in their local community and in the US as a whole. Independent variables include the age, sex, as well as the serotonin transporter gene type: SS, SL and LL (omitted category). Standard errors are adjusted for heteroskedasticity (t-statistics are in parentheses).