A note on representativeness and household finance

Maik Dierkes, Alexander Klos and Thomas Langer

Economics Letters, 2011, vol. 113, issue 1, 62-64

Abstract: Previous research has shown that social households have a higher probability of owning risky assets. Using a representative sample of the German population, we demonstrate that the sociability effect is much stronger among people younger than 50.

Keywords: Stock; market; participation; Social; interaction; Household; finance; Representativeness (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (4)

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