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"The non-tradability of human capital is often cited for the failure of traditional asset pricing theory to explain …
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The non-tradability of human capital is often cited for the failure of traditional asset pricing theory to explain …
Persistent link: https://www.econbiz.de/10012462943
The non-tradability of human capital is often cited for the failure of traditional asset pricing theory to explain …
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We use data from the US Health and Retirement Study to examine the relationship between individual portfolio decisions and perceived discrimination, with a focus on racial-discrimination. We show that sensing racial discrimination has a much bigger association with shaping portfolio decisions...
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