A note on Representativeness and Household Finance

Dierkes Maik, Klos Alexander, Langer Thomas

Research article (journal) | Peer reviewed

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.

Details about the publication

JournalEconomics Letters
Volume113
Page range62-64
StatusPublished
Release year2011
Language in which the publication is writtenEnglish
KeywordsStock market participation; social interaction; household finance; representativeness

Authors from the University of Münster

Dierkes, Maik
Chair of Finance
Klos, Alexander
FB04 - School of Business and Economics (FB04)
Langer, Thomas
Chair of Finance