Neighbors Matter: Causal Community Effects and Stock Market Participation
收藏NBER2007-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13168
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资源简介：
This paper establishes a causal relation between an individual's decision of whether to own stocks and average stock market participation decision of the individual's community. We instrument for the average ownership of an individual's community with lagged average ownership of the states in which
提供机构：
美国国家经济研究局
创建时间：
2007-06-01
