information on their health status at the age of 18 and later educational attainment, we investigate whether educational … attainment is related to early health status within monozygotic twin pairs. In general, we obtain no indication of this being so …. As a result, we find little evidence that early health differences between twins would bias the estimates of the returns …

that temporary fluctuations of the U.S. consumption-wealth ratio predict excess returns on international stock markets …

This paper studies the signalling effect of the consumption-wealth ratio (cay) on German stock returns via vector error … wealth growth and U.S. income growth significantly. …