Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets …

-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …

We present the results of a randomized intervention in schools to study how teaching financial literacy affects risk …, we provide causal evidence that teaching financial literacy has significant short-term and longer-term effects on risk … subjects more patient, less present-biased, and slightly more risk-averse. Our finding that the intervention changes economic …

Risk-taking behavior is highly correlated between parents and their children; however, little is known about the extent … stronger influence on risk-taking by children, and the evidence of a relationship between stock-holding of biological parents … invested in stocks. This suggests that a substantial proportion of risk-attitudes and behavior is environmentally determined …

This paper studies the relationship between income inequality and risk taking. Increased income inequality is likely to … take risks. Using a globally representative dataset on risk preference in 76 countries, we empirically document that the … distribution of income in a country has a positive and significant link with the preference for risk. This relationship is …

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial …

take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …