Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - Center for Financial Studies - 2005
We provide a new explanation to the limited stock market participation puzzle. In deciding whether to buy stocks …
No. 2005/27
Trusting the Stock Market
Luigi Guiso, Paola Sapienza,
and Luigi Zingales … Paper No. 2005/27
Trusting the Stock Market*
Luigi Guiso
1
, Paola Sapienza
2
and Luigi Zingales
3
September …