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estimate a trivariate probit model with three further selection equations that allows correlations among unobservables of all …
Persistent link: https://www.econbiz.de/10010662600
estimate a trivariate probit model with three further selection equations that allows correlations among unobservables of all …
Persistent link: https://www.econbiz.de/10010958746
This paper provides a joint analysis of household stockholding participation, stock location among stockholding modes … sophistication strongly affect direct stockholding and mutual fund participation, while social interactions affect stockholding … through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on …
Persistent link: https://www.econbiz.de/10010303708
Finance ; Stockholding ; Multivariate Probit ; Simulated Maximum Likelihood ; Selection … estimate a trivariate probit model with three further selection equations that allows correlations among unobservables of all …
Persistent link: https://www.econbiz.de/10003947444
Persistent link: https://www.econbiz.de/10009742479
This paper provides a joint analysis of household stockholding participation, stock location among stockholding modes … sophistication strongly affect direct stockholding and mutual fund participation, while social interactions affect stockholding … through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on …
Persistent link: https://www.econbiz.de/10010958551
This paper provides a joint analysis of household stockholding participation, stock location among stockholding modes … sophistication strongly affect direct stockholding and mutual fund participation, while social interactions affect stockholding … through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on …
Persistent link: https://www.econbiz.de/10005007629
This paper provides a joint analysis of household stockholding participation, stock location among stockholding modes … sophistication strongly affect direct stockholding and mutual fund participation, while social interactions affect stockholding … through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on …
Persistent link: https://www.econbiz.de/10008500431
This paper provides a joint analysis of household stockholding participation, stock location among stockholding modes … sophistication strongly affect direct stockholding and mutual fund participation, while social interactions affect stockholding … through retirement accounts only. Household characteristics influence stockholding through retirement accounts conditional on …
Persistent link: https://www.econbiz.de/10005025789
Does economic policy uncertainty affect household stockholding? To answer this question we create a novel measure of …
Persistent link: https://www.econbiz.de/10011804056