“...Exploiting portfolio data and repeated surveys of an Italian bank's clients, we test whether investors’ risk aversion increases following the 2008 crisis. We...”

“...We study the effect that a general lack of trust can have on stock market participation. In deciding whether to buy stocks, investors factor in the risk of...”

“...Until recently, economists have been reluctant to rely on culture as a possible determinant of economic phenomena. Much of this reluctance stems from the very...”

“...Financial information allows investors to condition the portfolio allocation on valuable signals on asset returns. Therefore investors have incentives to spend...”

“...We provide a systematic analysis of the properties of individual returns to wealth using 12 years of population data from Norway's administrative tax records...”

“...We document that individuals who grow up in high firm density areas are more likely to become entrepreneurs, given firm density in their current location, and...”

“...We study the effects of differences in local financial development within an integrated financial market. We construct a new indicator of financial development...”

“...We propose a new approach to identify the strength of the precautionary motive and the extent of self-insurance in response to earnings risk based on Euler...”

“...Since Max Weber, there has been an active debate on the impact of religion on people's economic attitudes. Much of the existing evidence, however, is based on...”

“...We use a dataset of individual investors containing test-based measures of financial literacy and administrative records on their assets holding and trades...”