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Risk Preferences in the PSID: Individual Imputations and Family Covariation

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NBER2009-02-01 更新2025-01-04 收录
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Survey measures of preference parameters provide a means for accounting for otherwise unobserved heterogeneity.This paper presents measures of relative risk tolerance based on responses to survey questions about hypothetical gambles over lifetime income.It discusses how to impute estimates of

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2009-02-01
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