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...
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fttriple:oai:gotriple.eu:oai:econstor.eu:10419/202687 2023-05-15T17:42:22+02:00 Early Health, Risk Aversion and Stock Market Participation Böckerman, Petri Conlin, Andrew Svento, Rauli 2019-01-01 http://hdl.handle.net/10419/202687 en eng Bonn: Institute of Labor Economics (IZA) gbv-ppn:1665984392 RePEc:iza:izadps:dp12341 http://hdl.handle.net/10419/202687 other ddc:330 I10 G11 health status birth weight stock market participation demo eco Journal Article https://vocabularies.coar-repositories.org/resource_types/c_6501/ 2019 fttriple 2023-01-22T19:06:41Z 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. Article in Journal/Newspaper Northern Finland Unknown |
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language |
English |
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ddc:330 I10 G11 health status birth weight stock market participation demo eco |
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ddc:330 I10 G11 health status birth weight stock market participation demo eco Böckerman, Petri Conlin, Andrew Svento, Rauli Early Health, Risk Aversion and Stock Market Participation |
topic_facet |
ddc:330 I10 G11 health status birth weight stock market participation demo eco |
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. |
format |
Article in Journal/Newspaper |
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 |
Bonn: Institute of Labor Economics (IZA) |
publishDate |
2019 |
url |
http://hdl.handle.net/10419/202687 |
genre |
Northern Finland |
genre_facet |
Northern Finland |
op_relation |
gbv-ppn:1665984392 RePEc:iza:izadps:dp12341 http://hdl.handle.net/10419/202687 |
op_rights |
other |
_version_ |
1766144211727417344 |