Browsing Working Papers of the Priority Programme 1859 – Experience and Expectation. Historical Foundations of Economic Behaviour by Subject "Household finance"

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2021-08Diskussionspapier

Optimism gone bad? The persistent effects of traumatic experiences on investment decisions

Kim, Chi Hyun

Do memories of highly emotional stock market crashes permanently affect the investment decisions of households? The Initial Public Offerings of Deutsche Telekom during 1996-2000 provide an optimal base to address this ...