Understanding who in the population is psychologically resilient in the face of major life events, and who is not, is important for policies that target reductions in disadvantage. In this paper we construct a measure of adult resilience, document its distribution, and test its predictability by...

Neoclassical Economics and the Efficient Market Hypothesis (EMH) along with all its types have been a go to for investors since decades but why do almost all speculators tend to lose money while making their financial decisions? Stock market is the most vulnerable place towards uncertainty and...