We study how investors respond to inflation combining a customized survey experiment with trading data at a time of …

bias inferences regarding program impacts. Our incentivized experiment reveals how such selection influences estimated …

We use a repeated survey of an Italian bank's clients to test whether investors' risk aversion increases following the … 2008 financial crisis. We find that both a qualitative and a quantitative measure of risk aversion increases substantially … response (fear) triggered by a scary experience. To show the plausibility of this conjecture, we conduct a lab experiment. We …

observed allocations. We use this quasi-experiment to estimate a life cycle model and find a relative risk aversion of 2, EIS …We study the role of risk preferences and frictions in portfolio choice using variation in 401(k) default options …

This paper defines risk-on risk-off (RORO), an elusive terminology in pervasive use, as the variation in global … investor risk aversion. Our high-frequency RORO index captures time-varying investor risk appetite across multiple dimensions …: advanced economy credit risk, equity market volatility, funding conditions, and currency dynamics. The index exhibits risk …

In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold … pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on … the magnitude and sign of the relative risk premium, holding fixed both the probability that a lottery pays off and the …

experiment in South Africa shows that significant order effects exist which, if uncorrected, would lead to distorted conclusions …

estimating the privacy elasticity of public-good contributions in a lab experiment …

minorities are less confident and provide less favorable self-evaluations than equally performing men on a math and science test …