Search for dissertations about: "Limited stock market participation"

Found 1 swedish dissertation containing the words Limited stock market participation.

2. 1. Essays in Macroeconomics and Household Finance

   Author : Richard Foltyn; Per Krusell; Kurt Mitman; Paolo Sodini; Stockholms universitet; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; nationalekonomi;

   Abstract : Experience-based Learning, Stock Market Participation and Portfolio ChoiceRecent evidence suggests that lifetime experiences play an important role in determining households' investment choices. I incorporate these findings and the fact that household portfolios are underdiversified into an otherwise standard life-cycle model and examine to what extent they can help resolve long-standing puzzles in the literature regarding stock market participation and the fraction of financial wealth invested in risky assets. READ MORE