“…As surveyed in Marquis and Tilcsik (2013), beliefs and risk attitudes formed in early life significantly influence individuals' lifelong decision-making processes, for example, CEOs' early-life exposure to fatal disasters could permanently impact corporate risk-taking (Bernile et al, 2017), the Great Chinese Famine rendered CEOs more risk averse (Feng & Johansson, 2018), parental behavior influences their offspring's saving behavior in adulthood (Brown & Taylor, 2016), rural childhood experiences reduce individuals' stock market participation (Jiang et al, 2016), and growing up in a high crime neighborhood affects future criminal behavior (Damm & Dustmann, 2014). In addition, other works have found an enduring negative effect of various adverse events or unusual shocks in (early) childhood on individuals' later decision-making, education attainment, and well-being, for example, the loss of a parent (Adda et al, 2011), extreme drought and civil war (Alderman et al, 2006;Alfano & Görlach, 2019), natural disasters (Bernile et al, 2017), famine (Meng & Qian, 2009), divorce legalization (González & Viitanen, 2017), as well as evidence of certain events affecting cohorts in utero, such as the 1918 influenza pandemic (Almond, 2006). 14 Lastly, we also join the ongoing discussion on both the short-and long-term economic impacts of a pandemic.…”