We revisit the puzzle of limited stock market participation using qualitative methods common in other social sciences but rare in economics. Through in-depth interviews with investors and non-investors in Germany—a high-income country with low market participation—we elicit open-ended...

Globalization and the spread of technological innovations have made world markets and economies increasingly unified and conditioned by international trade, not only for sales markets but above all for the supply of raw materials necessary for the functioning of the production complex of each...

This study investigates the relationship between overconfidence and meme stock valuation, drawing on panel data from 28 meme stocks listed from 2019 to 2024. The analysis incorporates key financial indicators, including Tobin's Q ratio, market capitalization, return on assets, leverage, and...

Welfare quality is usually a stochastic outcome, as attempts at improving social welfare cannot be predicted in advance. The advances in stock market participation conclude that equity market performance is able to reflect investors' mass reactions and therefore can fairly reflect the empiricism...

Investing in the stock market has always been an exciting topic for people. Many specialists have tried to develop tools to predict future stock prices in order to make high profits and avoid big losses. However, predicting prices based on the dynamic characteristics of stocks seems to be a...