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We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a …
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We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a …
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Hart (2009). The axioms are based on the concept of "wealth requirement." …
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excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … shows that employee ownership appears to generally add to, rather than substitute for, other wealth, which lessens the … financial risk. We also find that families with employer stock are found to express more tolerance of financial risk, have …
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