Informative social interactions

•Discussions about household finances are limited to only a small subset of peers.•Higher individual connectedness is associated with more accurate past and expected returns.•This is not its only channel of influence on stock market participation and exposure. Household finances are confidential and...

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Veröffentlicht in:Journal of economic behavior & organization 2022-11, Vol.203, p.246-263
Hauptverfasser: Arrondel, Luc, Calvo-Pardo, Hector, Giannitsarou, Chryssi, Haliassos, Michael
Format: Artikel
Sprache:eng
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