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Social Interaction and Stock-Market Participation

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NBER2001-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8358
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资源简介:
We investigate the idea that stock-market participation is influenced by social interaction. We build a simple model in which any given 'social' investor finds it more attractive to invest in the market when the participation rate among his peers is higher. The model predicts higher participation
创建时间:
2001-07-01
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