Do Wealth Fluctuations Generate Time-varying Risk Aversion? Micro-Evidence on Individuals' Asset Allocation
Author(s) -
Markus K. Brunnermeier,
Stefan Nagel
Publication year - 2006
Language(s) - Uncategorized
Resource type - Reports
DOI - 10.3386/w12809
Subject(s) - risk aversion (psychology) , asset allocation , asset (computer security) , economics , econometrics , monetary economics , financial economics , computer science , expected utility hypothesis , computer security , portfolio
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