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The Geography of Stock Market Participation: The Influence of Communities and Local Firms

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NBER2004-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10235
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This paper is the first to investigate the importance of geography in explaining equity market participation. We provide evidence to support two distinct local area effects. The first is a community ownership effect, that is, individuals are influenced by the investment behavior of members of their
提供机构:
美国国家经济研究局
创建时间:
2004-01-01
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