Showing 1 - 10 of 32,533
. -- Trust ; Sociability ; Household Finance ; Stockholding …We investigate the effects of both trust and sociability for stock market participation, the role of which has been … on specific trust to financial institutions from Eurobarometer. We show that trust and sociability have distinct and …
Persistent link: https://www.econbiz.de/10003947447
This article investigates the importance of both trust and sociability for stock market participation and for … differences in stock-holding across Europe. We estimate significant effects for the two, and find that sociability can partly … balance the discouragement effect on stock-holding induced by low regional prevailing trust. We test for exogeneity of trust …
Persistent link: https://www.econbiz.de/10013113395
This paper examines the influence of both trust and sociability on stock market participation and their implications …. We show that trust and sociability have distinct and sizeable effects on stock market participation. We find that more … various groups of households, we find that sociability can induce stockholding among the less well off in Sweden, Denmark and …
Persistent link: https://www.econbiz.de/10013116620
This paper investigates the importance of both trust and sociability for stock market participation and for differences … in stockholding across Europe. We estimate significant effects for the two, and find that sociability can partly balance … the discouragement effect on stockholding induced by low regional prevailing trust. We test for exogeneity of trust and …
Persistent link: https://www.econbiz.de/10013117087
Persistent link: https://www.econbiz.de/10009376193
We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive as well as the intensive margin of risky assets, European households differ substantially from US households; but also inside Europe we document substantial differences....
Persistent link: https://www.econbiz.de/10011997521
We present evidence of the impact of buy-side analysts on the behavior and performance of fund managers. Using data provided by a large global asset manager, we relate buy-side analysts' recommendations to fund transactions on a daily basis. Our results show that buy-side analysts have a...
Persistent link: https://www.econbiz.de/10008666522
This paper studies and documents household participation in voluntary individual retirement accounts (IRAs) in eleven European countries. Using recently available, internationally comparable data of households aged 50+, we calculate country-by-country average marginal effects of the probability...
Persistent link: https://www.econbiz.de/10009006802
We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive as well as the intensive margin of risky assets, European households differ substantially from US households; but also inside Europe we document substantial differences....
Persistent link: https://www.econbiz.de/10012871885
This research is an attempt to assess the impact of trust, helpfulness, and fairness on economic growth in Europe. The … first part of the paper highlights the concept of social capital and the related concept of trust, while the second part …: generalized trust, helpfulness, and fairness, which can be combined into an aggregated variable, called 'cooperation capital'. The …
Persistent link: https://www.econbiz.de/10013407469