This paper uses retirement as a natural experiment. Retirement creates a sudden jump in leisure time. That should reduce information-processing barriers. The question is: does having more time change how people trade, and does it improve outcomes?
The Role of Time Availability in Retail Trading Behavior: Evidence from Retired Investors
Ebrahim Bazrafshan and Oscar Stålnacke
Working paper, 2025
A version of this paper can be found here
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