Subjective measures of risk aversion, fixed costs, and portfolio choice

By A. Kapteyn, Federica Teppa. 2011

145 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/5bc3a667531d1549d743a2677f2e55eb24332dc3

Citations in the corpus

• Risk Aversion at the Country Level (2015, unknown): “In this paper, we apply the methodology of Layard et al. (2008) and Gandelman and Hernández-Murillo (2013) to estimate the coefficient of relative risk aversion for 80 countries, including 55 developing countries, using subjective wellbeing data.”
• Financial Literacy, Retirement Planning and Household Wealth† (2012, unknown): “19 Lusardi and Mitchell (2009) offer convincing evidence of financial literacy fostering thinking about retirement.”
• Individual Investor Perceptions and Behavior During the Financial Crisis (2013, unknown): “Following recent work (Kapteyn and Teppa, 2011), we use qualitative measures for these variables, as these tend to have a higher explanatory power for individuals’ behavior than more complex quantitative measures, which are often misunderstood by respondents.”