. -- 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 …

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 …

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 …

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 …

Does economic policy uncertainty affect household stockholding? To answer this question we create a novel measure of …

results indicates that lack of financial literacy, low risk tolerance and lack of trust in financial institutions are the …. Interestingly, lack of financial literacy, low risk tolerance, lack of trust in financial institutions and high stock market return … macro-prudential policy makers as increasing financial literacy of households and increasing trust in financial …

investing can improve risk-adjusted returns, finding the results to be mixed and contextual; and (4) we show that American trust …