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Keywords: Market volatility
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Journal Articles
Business cycles, stock market wealth, and gambling at the racetracks
Available to Purchase
Journal:
Journal of Economic Studies
Journal of Economic Studies (2024) 51 (2): 455–470.
Published: 03 July 2023
... are the primary determinants of wagering demand. Aggregate wagering is negatively impacted by realized stock returns and market volatility, but rises during recessions. Originality/value To the best of the authors’ knowledge, the questions posed and addressed in this manuscript have not been addressed...
