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. Author manuscript; available in PMC: 2011 Jun 2.
Published in final edited form as: Annu Rev Econom. 2009 Jun 1;1:543–562. doi: 10.1146/annurev.economics.050708.142955

Table 3.

Subjective probability of stock market gain. Distribution of responses.

N 0-49% or 51-
100%
50% DK/RF All
Owns stock
yes 4672 61.7 27.1 11.2 100.0
no 11738 49.5 21.6 28.9 100.0
Follows stock market
Very closely 1567 71.4 22.5 6.1 100.0
Somewhat 6131 62.3 27.0 10.7 100.0
Not at all 8105 43.3 20.9 35.8 100.0