Christiansen, Charlotte; Joensen, Juanna Shröter; … - School of Economics and Management, University of Aarhus - 2005
heterogeneity
and instrumental variables estimation.
Keywords: Investor Education; Portfolio Choice; Stock Market Participation.
JEL … investor education is important for the stock
market participation decision.
We take as our starting point the fact that there … analyze a unique data set that provides us with very detailed information
on investor education and stock market participation …