Discussants Tabea Bucher-Koenen Professor, ZEW Francesco D'Acunto Assistant Professor, Boston College, Carroll School of Management Giulio Fella Professor, Queen Mary University of London Anastasia Girshina Assistant Professor, Department of Finance, SSE Deputy Director of MiDa – the Institute for Micro Data at SSE & SHoF Yigitcan Karabulut Assistant Professor of Finance Frankfurt School of Finance & Management and CEPR Kasper Meisner Nielsen Professor, Copenhagen Business School Petra Vokata Assistant Professor, Ohio State University Ansgar Walther Assistant Professor, Imperial College London