Inequality of opportunity leads to misallocation of human capital and can affect economies via its impact on individual economic decision making. This paper studies the impact of inequality of opportunity on investment, using a laboratory experiment. The experiment randomized inequality of opportunity, then subjects chose to invest in a risky asset or savings. The results suggest that inequality of opportunity impacts investment choices only for people...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2023/09/19
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Рабочий документ в рамках исследования вопросов политики
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WPS10569
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1
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2023/09/19
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Disclosed
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Inequality of Opportunity and Investment Choices