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 1995-2010. We find that persons predisposed to po...

Full description

Bibliographic Details
Main Authors: Böckerman, Petri, Conlin, Andrew, Svento, Rauli
Format: Report
Language:unknown
Subjects:
Northern Finland
Online Access:https://docs.iza.org/dp12341.pdf
id ftrepec:oai:RePEc:iza:izadps:dp12341
record_format openpolar
spelling ftrepec:oai:RePEc:iza:izadps:dp12341 2024-04-14T08:16:33+00:00 Early Health, Risk Aversion and Stock Market Participation Böckerman, Petri Conlin, Andrew Svento, Rauli https://docs.iza.org/dp12341.pdf unknown https://docs.iza.org/dp12341.pdf preprint ftrepec 2024-03-19T10:41:47Z 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 1995-2010. 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. health status, birth weight, stock market participation Report Northern Finland RePEc (Research Papers in Economics)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
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 1995-2010. 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. health status, birth weight, stock market participation
format Report
author Böckerman, Petri
Conlin, Andrew
Svento, Rauli
spellingShingle Böckerman, Petri
Conlin, Andrew
Svento, Rauli
Early Health, Risk Aversion and Stock Market Participation
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
url https://docs.iza.org/dp12341.pdf
genre Northern Finland
genre_facet Northern Finland
op_relation https://docs.iza.org/dp12341.pdf
_version_ 1796315243645763584

Similar Items