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Heterogeneity in Expectations, Risk Tolerance, and Household Stock Shares: The Attenuation Puzzle

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NBER2018-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w25269
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This paper jointly estimates the relationship between stock share and expectations and risk preferences. The survey allows individual-level, quantitative estimates of risk tolerance and of the perceived mean and variance of stock returns. These estimates have economically and statistically
提供机构:
美国国家经济研究局
创建时间:
2018-11-01
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