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Published By Springer Nature

1554-9658, 1554-964x

Author(s):  
Lu Li ◽  
Andreas Richter ◽  
Petra Steinorth

AbstractUtilizing 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.


Author(s):  
Glenn Harrison ◽  
Karlijn Morsink ◽  
Mark Schneider

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