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education system is inherently unequal, breaking along race and class lines. Hostile immigration policies keep would-be workers …
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It has been argued that rare economic disasters can explain most asset pricing puzzles. If this is the case, perceived risk associated with a disaster in stock markets should be revealed in household portfolios. That is, the framework that solves these pricing puzzles should also generate...
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This paper studies household financial choices: why are these decisions dependent on the education level of the … levels of education attainment regarding stock market participation, the stock share in wealth, the stock adjustment rate and … costs, are estimated to match the financial decisions of different education groups. Based on the estimated model, education …
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This paper studies household financial choices: why are these decisions dependent on the education level of the … levels of education attainment regarding stock market participation, the stock share in wealth, the stock adjustment rate and … costs, are estimated to match the financial decisions of different education groups. Based on the estimated model, education …
Persistent link: https://www.econbiz.de/10012459207