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Is Household Diversification Increasing in Wealth? Norwegian Evidence

Bernt Ødegaard

No 2017/7, UiS Working Papers in Economics and Finance from University of Stavanger

Abstract: We study the diversification properties of equity portfolios using data on all Norwegian households with equity investments. While households typically have undiversified equity portfolios, diversification is increasing in wealth.

Keywords: Household Finance; Equity Portfolio Diversification (search for similar items in EconPapers)
JEL-codes: D14 G02 G11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur
Date: 2017-04-05
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:stavef:2017_007

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