search query: @author Guiso, L. / total: 8
reference: 6 / 8
| Author: | Guiso, L. Haliassos, M. Jappelli, T. |
| Title: | Household stockholding in Europe: where do we stand and where do we go? |
| Journal: | Economic Policy
2003 : APR, 36, p. 123-170 |
| Index terms: | STOCKS EUROPE STOCK OWNERSHIP HOUSEHOLD ECONOMICS |
| Language: | eng |
| Abstract: | The authors discuss the current state of stockownership among households in major European countries, drawing parallels and contrasts with the US experience. The authors' analysis of detailed microeconomic data documents increasing stock market participation and persistent differences across countries in the authors' sample: many more US, UK and Swedish households participate in the stock market than is the case in the Netherlands and, especially, in France, Germany, and Italy. At the individual household level, the data indicate that stock market participation correlates robustly with wealth and education, which have only small effects, however, on the asset share invested in stocks by households who do participate. |
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