Replication Data for FinTech, Investor Sophistication, and Financial Portfolio Choices

We provide datasets and programs to replicate results in "FinTech, Investor Sophistication, and Financial Portfolio Choices" The dataset “fintech_data_rcfs” is provided in both SAS and CSV formats. Two programs are provided to replicate empirical results in the paper. Variables related to banks’ financial technology cannot be disseminated and have been replaced by pseudo-data randomly generated. Therefore only some of the results in the paper are replicable. Details are specified in the document "data and programs description".