Construct · 1 fields · 1 citations

stock market participation puzzle: a standalone construct

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Household finance

the observation that many households own no stocks at all despite the equity premium that standard models say should attract them.

In household finance, stock market participation puzzle refers to the observation that many households own no stocks at all despite the equity premium that standard models say should attract them. This meaning comes from Haliassos (1995) in The Economic Journal.[1]

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Nearby constructs

equity premium puzzle1 fields · 2 citationsanchor · a standalone construct equity4 fields · 4 citationsjingle · one word, four constructs household finance1 fields · 1 citationsanchor · a standalone construct

References

Haliassos, M., & Bertaut, C. C. (1995). Why do so Few Hold Stocks? The Economic Journal, 105(432), 1110. https://doi.org/10.2307/2235407

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