Imputing Risk Tolerance From Survey Responses

Miles S Kimball1, Claudia R Sahm, Matthew D Shapiro

  • 1Miles S. Kimball and Matthew D. Shapiro are Professors, Department of Economics, and Research Professors, Survey Research Center, University of Michigan, Ann Arbor, MI 48109, and Research Associates, National Bureau of Economic Research, Cambridge, MA 02138. Claudia R. Sahm is Economist, Division of Research and Statistics, Federal Reserve Board, Washington, DC 20551.

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