TY  - UNPD
A1  - Guiso, Luigi
A1  - Jappelli, Tullio
T1  - Awareness and stock market participation
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 2005,29
N2  - The paper documents lack of awareness of financial assets in the 1995 and 1998 Bank of Italy Surveys of Household Income and Wealth. It then explores the determinants of awareness, and finds that the probability that survey respondents are aware of stocks, mutual funds and investment accounts is positively correlated with education, household resources, long-term bank relations and proxies for social interaction. Lack of financial awareness has important implications for understanding the stockholding puzzle and for estimating stock market participation costs. Klassifikation: E2, D8, G1
T3  - CFS working paper series - 2005, 29 
KW  - Financial Information
KW  - Portfolio Choice
KW  - Haushalt
KW  - Einkommen
KW  - Wohlstand
KW  - Portfoliomanagement
KW  - Geschichte 1995
KW  - Geschichte 1998
Y1  - 2005
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/3051
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-23410
ER  -