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for wealthier and less risk-averse households …
Persistent link: https://www.econbiz.de/10014512064
location to test how news of unusual exogenous shocks affects crash belief formation. The results are consistent the risk …
Persistent link: https://www.econbiz.de/10014576618
The financial press is a conduit for popular narratives that reflect collective memory about historical events. Some collective memories relate to major stock market crashes, and investors may rely on associated narratives, or "crash narratives," to inform current beliefs and choices. Using...
Persistent link: https://www.econbiz.de/10013334413