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This paper explores the stock holdings of Spanish households. As found for other developed countries, the major part of Spanish households does not participate in the stock market. We analyse the impact that entry costs can have in this decision by looking at how wealth, education and a series...
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I find that the index of geopolitical risk (GPR) is significantly associated with both the extensive and intensive margins of stock market participation decisions. The GPR index subsumes the significance of economic policy uncertainty for stock market participation decisions and has long-lasting...
Persistent link: https://www.econbiz.de/10013403530
I find that the index of geopolitical risk (GPR) is significantly associated with both the extensive and intensive margins of stock market participation decisions. The GPR index subsumes the significance of economic policy uncertainty for stock market participation decisions and has long-lasting...
Persistent link: https://www.econbiz.de/10013403880
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Using micro household survey data from China, this study finds that women are less likely to participate in the stock … market than men. This gender pattern in market participation rates holds when we control for household features … study’s findings suggest the crucial role of gender and gender-related cultural norms in shaping household financial …
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