A note on Representativeness and Household Finance
Dierkes Maik, Klos Alexander, Langer Thomas
Zusammenfassung
Previous research has shown that social households have a higher probability of owning risky assets. Using a representative sample of the German population, we demonstrate that the sociability effect is much stronger among people younger than 50.
Schlüsselwörter
Stock market participation; social interaction; household finance; representativeness
Publikationstyp
Forschungsartikel (Zeitschrift)
Begutachtet
Ja
Publikationsstatus
Veröffentlicht
Jahr
2011
Fachzeitschrift
Economics Letters
Band
113
Seiten
62-64
Sprache
Englisch
ISSN
0165-1765