Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments
收藏NBER2003-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9685
下载链接
链接失效反馈官方服务：
资源简介：
Using a data set on the investments made by a large number of retail investors from 1991 to 1996, we find that households exhibit a strong preference for local investment - the average household invests nearly a third of their portfolio in firms headquartered within 250 miles. We test whether this
提供机构：
美国国家经济研究局
创建时间：
2003-05-01
