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The Resource Simple Model of Limited Stock Market Participation

Simple Model of Limited Stock Market Participation

Label
Simple Model of Limited Stock Market Participation
Title
Simple Model of Limited Stock Market Participation
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Summary
Stocks have outperformed government bonds, on average, by a large margin in historical data. However, most United States households do not own stocks, either directly or indirectly. Also, stocks are highly concentrated in the hands of relatively few wealthy people. In this article, the author describes some aspects of stock ownership. He then uses an overlapping-generations model to help explain why stock market participation is so limited and discusses some implications of limited stock market participation
http://library.link/vocab/creatorName
  • Guo, Hui
  • Inter-university Consortium for Political and Social Research [distributor]
Label
Simple Model of Limited Stock Market Participation
Instantiates
Publication
Note
1241
Control code
ICPSR01241.v1
Governing access note
Access restricted to subscribing institutions
Label
Simple Model of Limited Stock Market Participation
Publication
Note
1241
Control code
ICPSR01241.v1
Governing access note
Access restricted to subscribing institutions

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