Household Participation in Stock Market Varies Widely by State

YiLi Chien and Paul Morris

The Regional Economist, 2017, vol. 25, issue 3

Abstract: The investment decision matters for the welfare of households. Good financial decision-making could help households hedge against their income risks and achieve a better life. Although it is not necessarily the case that stock market participants are more financially sophisticated than nonparticipants, understanding the participation decisions made by households is important to both academic researchers and policymakers. An example is the shortage of retirement savings in the United States. If households cannot make the right investment decisions and, thereby, jeopardize their return on savings, then households are not only likely to save less but could fail to accumulate enough assets for retirement.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.stlouisfed.org/publications/regional-e ... ries-widely-by-state https://www.stlouisfed.org/publications/regional-economist/third-quarter-2017/household-participation-in-stock-market-varies-widely-by-state (text/html)
https://www.stlouisfed.org/~/media/Publications/Re ... 017/stock_market.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlre:00153

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in The Regional Economist from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().