Li, Lu; Richter, Andreas
ORCID: https://orcid.org/0000-0002-2588-4813 and Steinorth, Petra
(2023):
Mental health changes and the willingness to take risks.
In: The Geneva Risk and Insurance Review, Vol. 48, No. 1: pp. 31-62
[PDF, 913kB]
Abstract
Utilizing the longitudinal SOEP data representative of the German population, we find that mental health shocks significantly decrease the willingness to take risks. We also find that mental health improvements increase the willingness to take risks significantly. Our findings are relevant for better understanding the economic decision making of the large number of individuals with mental health issues.
| Item Type: | Journal article |
|---|---|
| Faculties: | Munich School of Management > Institute for Risk Management and Insurance |
| Subjects: | 300 Social sciences > 330 Economics |
| URN: | urn:nbn:de:bvb:19-epub-95158-7 |
| ISSN: | 1554-964X |
| Language: | English |
| Item ID: | 95158 |
| Date Deposited: | 20. Mar 2023, 14:37 |
| Last Modified: | 27. Mar 2023, 12:59 |
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