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Keywords: Investor sophistication
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2023) 49 (2): 398–419.
Published: 16 September 2022
... to the discussions on the annuitization puzzle by examining investor sophistication and owning annuities in non-retirement accounts. Design/methodology/approach The study utilizes data from the 2018 U S National Financial Capability Study (NFCS). The empirical analyses are based on logistic regression estimates...
