Search results for: INVESTOR CONFIDENCE - Bridge of Knowledge

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Search results for: INVESTOR CONFIDENCE

Search results for: INVESTOR CONFIDENCE

  • Investor confidence and high financial literacy jointly shape investments in risky assets

    Publication

    - ECONOMIC MODELLING - Year 2022

    Households consistently invest less in equities and bonds than predicted by economic theory. We explain this from a behavioral economics perspective and distributional analysis using rich US survey microdata. We find that higher investor self-confidence in her financial abilities and financial literacy jointly increase the probability of investing in equities. Conditional on participation, confidence in the macroeconomy additionally...

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  • Investor confidence and high financial literacy jointly shape investments in risky assets

    Publication

    - Year 2022

    Households consistently invest less in equities and bonds than predicted by economic theory. We explain this from a behavioral economics perspective and distributional analysis using rich US survey microdata. We find that higher investor self-confidence in her financial abilities and financial literacy jointly increase the probability of investing in equities. Conditional on participation, confidence in the macroeconomy additionally...