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Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices

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NBER2007-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13201
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资源简介:
We study the relation between households' stock purchases and stock purchases made by their neighbors. A ten percentage point increase in neighbors' purchases of stocks from an industry is associated with a two percentage point increase in households' own purchases of stocks from that industry. The
提供机构:
美国国家经济研究局
创建时间:
2007-06-01
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