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Does feedback on personal investment success help?

Meyer, Steffen; Urban, Linda; Ahlswede, Sophie - 2016

In a field study with more than 1.500 customers of an online-broker we test what happens when investors receive repeated feedback on their investment success in a monthly securities account report. The reports show investors' last year's returns, costs, their current level of risk and their...

Persistent link: https://www.econbiz.de/10011568695

Locus of control and investment in risky assets

Salamanca, Nicolás; Grip, Andries de; Fouarge, Didier; … - 2016

We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a …

Persistent link: https://www.econbiz.de/10011594548

Smoking hot portfolios? : self-control and investor decisions

Uhr, Charline; Meyer, Steffen; Hackethal, Andreas - 2019

Self-control failure is among the major pathologies (Baumeister et al. (1994)) affecting individual investment decisions but cannot be measured bias-free. We link the time-series of government-controlled tobacco prices to debit/credit card transaction histories to identify smoking as a proxy for...

Persistent link: https://www.econbiz.de/10012062176

The standard portfolio choice problem in Germany

Breunig, Christoph; Huck, Steffen; Schmidt, Tobias; … - 2019

We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable external...

Persistent link: https://www.econbiz.de/10012064672

The financial decisions of immigrant and native households : evidence from Italy

Bertocchi, Graziella; Brunetti, Marianna; Zaiceva, Anzelika - 2018

with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but …

Persistent link: https://www.econbiz.de/10011950811

Financial literacy and suboptimal financial decisions at older ages

Fong, Joelle H.; Koh, Benedict SK.; Mitchell, Olivia S.; … - 2019

the Singapore Life Panel survey to measure financial literacy to study its relationship with three aspects of household …

Persistent link: https://www.econbiz.de/10012113846

Analyzing factors affecting financial literacy and its impact on investment behavior among adults in India

Gangwar, Rachna; Singh, Ritvik - 2018

Financial literacy is essential for making key financial decisions related to saving, borrowing and investment. Although numerable studies have been conducted to find elements of financial literacy, most of them focus on developed countries. This study aims to determine characteristics that...

Persistent link: https://www.econbiz.de/10011917128

Financial literacy and financial behavior : evidence from the emerging Asian middle class

Grohmann, Antonia - 2017 - This version: November, 2017

This paper analyses financial literacy and financial behavior of middle class people living an urban Asian economy. Other than most papers on financial literacy that focus on people in developed countries, we surveyed people living Bangkok. Using standard financial literacy questions, we find...

Persistent link: https://www.econbiz.de/10011755401

The financial decisions of immigrant and native households : evidence from Italy

Bertocchi, Graziella; Brunetti, Marianna; Zaiceva, Anzelika - 2018

with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but …

Persistent link: https://www.econbiz.de/10012154394

Economic policy uncertainty and stock market participation

Gábor-Tóth, Enikő; Georgarakos, Dimitris - 2018 - This version: 21 February 2018

Does economic policy uncertainty affect household stockholding? To answer this question we create a novel measure of … household exposure to economic policy uncertainty news by combining survey information on the hours a household spends in … reading newspapers and the frequency of such news in the popular press during a household's pre-interview period. After …

Persistent link: https://www.econbiz.de/10011804056