Early Health, Risk Aversion and Stock Market Participation
To examine the relationship between early health status and financial decisions in adulthood, we link information on birth weight in 1966 from the Northern Finland Birth Cohort to data from the Finnish Central Securities Depository over the period of 19952010. We find that persons predisposed to poo...
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ftjyvaeskylaenun:oai:jyx.jyu.fi:123456789/67657 2024-04-21T08:08:31+00:00 Early Health, Risk Aversion and Stock Market Participation Böckerman, Petri Conlin, Andrew Svento, Rauli 2019 52 application/pdf fulltext http://urn.fi/URN:NBN:fi:jyu-202001311923 eng eng IZA Institute of Labor Economics IZA Discussion Papers http://ftp.iza.org/dp12341.pdf 2365-9793 Böckerman, P., Conlin, A., & Svento, R. (2019). Early Health, Risk Aversion and Stock Market Participation . IZA Institute of Labor Economics. IZA Discussion Papers, 12341. http://ftp.iza.org/dp12341.pdf CONVID_34397444 URN:NBN:fi:jyu-202001311923 http://urn.fi/URN:NBN:fi:jyu-202001311923 In Copyright © The Authors & IZA Institute of Labor Economics, 2019 openAccess http://rightsstatements.org/page/InC/1.0/?language=en health status stock market participation arvopaperimarkkinat syntymäpaino terveydentila henkilökohtainen talous varhaislapsuus riskinotto taustatekijät workingPaper http://purl.org/eprint/type/Report http://purl.org/coar/resource_type/c_93fc publishedVersion D4 2019 ftjyvaeskylaenun 2024-03-27T15:11:35Z To examine the relationship between early health status and financial decisions in adulthood, we link information on birth weight in 1966 from the Northern Finland Birth Cohort to data from the Finnish Central Securities Depository over the period of 19952010. We find that persons predisposed to poor health status in early childhood (indicated by low birth weight) avoid participating in the stock market in adulthood. The link between birth weight and stock market participation is partially explained by the fact that poor early health status leads to risk aversion. Early health status is not significantly related to the portfolio’s value-growth tilt. nonPeerReviewed Report Northern Finland JYX - Jyväskylä University Digital Archive |
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Open Polar |
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JYX - Jyväskylä University Digital Archive |
op_collection_id |
ftjyvaeskylaenun |
language |
English |
topic |
health status stock market participation arvopaperimarkkinat syntymäpaino terveydentila henkilökohtainen talous varhaislapsuus riskinotto taustatekijät |
spellingShingle |
health status stock market participation arvopaperimarkkinat syntymäpaino terveydentila henkilökohtainen talous varhaislapsuus riskinotto taustatekijät Böckerman, Petri Conlin, Andrew Svento, Rauli Early Health, Risk Aversion and Stock Market Participation |
topic_facet |
health status stock market participation arvopaperimarkkinat syntymäpaino terveydentila henkilökohtainen talous varhaislapsuus riskinotto taustatekijät |
description |
To examine the relationship between early health status and financial decisions in adulthood, we link information on birth weight in 1966 from the Northern Finland Birth Cohort to data from the Finnish Central Securities Depository over the period of 19952010. We find that persons predisposed to poor health status in early childhood (indicated by low birth weight) avoid participating in the stock market in adulthood. The link between birth weight and stock market participation is partially explained by the fact that poor early health status leads to risk aversion. Early health status is not significantly related to the portfolio’s value-growth tilt. nonPeerReviewed |
format |
Report |
author |
Böckerman, Petri Conlin, Andrew Svento, Rauli |
author_facet |
Böckerman, Petri Conlin, Andrew Svento, Rauli |
author_sort |
Böckerman, Petri |
title |
Early Health, Risk Aversion and Stock Market Participation |
title_short |
Early Health, Risk Aversion and Stock Market Participation |
title_full |
Early Health, Risk Aversion and Stock Market Participation |
title_fullStr |
Early Health, Risk Aversion and Stock Market Participation |
title_full_unstemmed |
Early Health, Risk Aversion and Stock Market Participation |
title_sort |
early health, risk aversion and stock market participation |
publisher |
IZA Institute of Labor Economics |
publishDate |
2019 |
url |
http://urn.fi/URN:NBN:fi:jyu-202001311923 |
genre |
Northern Finland |
genre_facet |
Northern Finland |
op_relation |
IZA Discussion Papers http://ftp.iza.org/dp12341.pdf 2365-9793 Böckerman, P., Conlin, A., & Svento, R. (2019). Early Health, Risk Aversion and Stock Market Participation . IZA Institute of Labor Economics. IZA Discussion Papers, 12341. http://ftp.iza.org/dp12341.pdf CONVID_34397444 URN:NBN:fi:jyu-202001311923 http://urn.fi/URN:NBN:fi:jyu-202001311923 |
op_rights |
In Copyright © The Authors & IZA Institute of Labor Economics, 2019 openAccess http://rightsstatements.org/page/InC/1.0/?language=en |
_version_ |
1796948877779140608 |