Auflistung nach Autor "Lehtoranta, Antti"
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Does sophistication affect long-term return expectations? Evidence from financial advisers' exam scores
Kaustia, Markku; Lehtoranta, Antti; Puttonen, Vesa (2013-01-22)We use unique data fromfinancial advisers’ professional exam scores and combine it with other variables to create an index of financial sophistication. Using this index to explain long-term stock return expectations, we ...