A note on Representativeness and Household Finance
Abstract
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.
Keywords
Stock market participation; social interaction; household finance; representativeness
Cite as
Dierkes, M., Klos, A., & Langer, T. (2011). A note on Representativeness and Household Finance. Economics Letters, 113, 62–64.Details
Publication type
Research article (journal)
Peer reviewed
Yes
Publication status
Published
Year
2011
Journal
Economics Letters
Volume
113
Start page
62
End page
64
Language
English
ISSN
0165-1765