‘Depression babies’: do macroeconomic experiences affect risk-taking?

Ulrike Malmendier interviewed by Romesh Vaitilingam, 08 August 2008

Do people’s personal experiences of economic fluctuations affect their attitudes to risk? Ulrike Malmendier of the University of California, Berkeley, talks to Romesh Vaitilingam about her research on the impact of stock market returns and inflation early in life on risk-taking later in life. The interview was recorded at the American Economic Association meetings in New Orleans in January 2008.

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Topics:  Financial markets

Tags:  risk-taking, economic fluctuations

Ulrike Malmendier

Edward J. and Mollie Arnold Professor of Finance, Haas School of Business and Professor of Economics, University of California, Berkeley

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CEPR Policy Research