Inferring latent social networks from stock holdings

We infer the latent social networks of investors using data on their stock holdings. We map linkages to portfolio weights using a portfolio-choice model. The precision of an investor’s private signal about firm value is assumed to increase with his connections in the city where the firm is headquart...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Journal of financial economics 2019-02, Vol.131 (2), p.323-344
Hauptverfasser:	Hong, Harrison, Xu, Jiangmin
Format:	Artikel
Sprache:	eng
Schlagworte:	Cities Decision making models Investor behavior Managers Money Poisson regressions Portfolios Social networks Stockholders Stocks
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!