Christelis, Dimitris; Jappelli, Tullio; Padula, Mario - In: European Economic Review 54 (2010) 1, pp. 18-38
We study the relation between cognitive abilities and stockholding using the recent Survey of Health, Ageing and Retirement in Europe (SHARE), which has detailed data on wealth and portfolio composition of individuals aged 50+ in 11 European countries and three indicators of cognitive abilities:...