We provide evidence of a positive causal link between financial knowledge acquired
through business education and returns on stock investments. Using exogenous variation …

Are investors' preferences for responsible investing affected by their idiosyncratic personal
experiences? Using a comprehensive dataset for hospital visits and the information on …

I present a consumption-based asset pricing model in which the representative agent
selectively recalls past fundamentals that resemble current fundamentals and updates …

I show that home ownership decisions across countries and individuals are shaped by a
cultural heritage from agriculture. For centuries, dominant assets in pre-industrial economies …