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less sophisticated counterparts. We find that risk-adjusted annual expected returns are 130 basis points higher for the …
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less sophisticated counterparts. We find that risk-adjusted annual expected returns are 130 basis points higher for the …
Persistent link: https://www.econbiz.de/10013025527
Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a lack of confidence. Our survey experiment shows that women tend to disproportionately respond “do not know” to questions measuring financial knowledge, but when this...
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