Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
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We investigate whether individuals' experiences of macro-economic outcomes have long-term effects on their risk attitudes, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1964-2004, we find that individuals who have
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美国国家经济研究局创建时间：
2009-03-01
