We survey a representative sample of US households to study how exposure to the COVID-
19 stock market crash affects expectations and planned behavior. Wealth shocks are …

We examine how cybercrime impacts victims' risk-taking and returns. Our difference-
indifferences analysis of a sample of victims and matched non-victims is in line with prospect …

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes
towards capital markets and stock-market participation. Utilizing novel survey, bank, and …

We study risk taking in a panel of subjects in Wuhan, China-before, during the COVID-19
crisis, and after the country reopened. Subjects in our sample traveled for semester break in …

We analyze the long-term effects of living under communism and its anticapitalist doctrine on
households' financial investment decisions and attitudes towards financial markets. Utilizing …

This study examines the earthquakes' effects on households' risk-taking. Using the China
Household Finance Survey data, local earthquakes are found to have negative, significant …

This paper examines how local experiences of the COVID-19 pandemic affect sell-side
analysts' interpretation of earnings news. By exploiting the variation in the intensity and …

Prior findings on the disposition effect are derived from data sets which mostly cover boom
periods. However, since the drivers of the disposition effect (preferences and beliefs of …

Sea level rise (SLR) has increased in magnitude and certainty, exposing coastal real estate
assets to increasing climate risk. We develop a theoretical framework to explore the …

While regulators emphasize the need for machine-readable corporate disclosures, we
examine how improvements in machine readability of textual and numerical information …