Financial Advising by Banks as Explanation for Stockholding and Portfolio Compensation Puzzles

Using a theoretical model where financial advising is done by banks, we show one additional explanation for the stockholding puzzle. Thus, we hypothesize that in countries with high level of relationship banking more households invest in riskfree assets

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Year of publication:	[2023]
Authors:	Doluca, Hasan
Publisher:	[S.l.] : SSRN

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Extent:	1 Online-Ressource (7 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 1, 2021 erstellt
Other identifiers:	10.2139/ssrn.4508521 [DOI]
Classification:	D10 - Household Behavior and Family Economics. General ; D14 - Personal Finance ; G11 - Portfolio Choice ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014349587