A note on representativeness and household finance

Referierte Aufsätze Web of Science

Maik Dierkes, Alexander Klos, Thomas Langer

In: Economics Letters 113 (2011), 1, 62-64

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
DOI:
https://doi.org/10.1016/j.econlet.2011.05.045

keyboard_arrow_up