Investor sophistication and risk taking
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DOI: 10.1016/j.jbankfin.2012.03.023
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- Stephan D. Whitaker, 2014. "Financial Innovations and Issuer Sophistication in Municipal Securities Markets," Working Papers (Old Series) 1404, Federal Reserve Bank of Cleveland.
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More about this item
Keywords
Pension funds; Investment policy; Portfolio choice; Behavioural finance; Heaping; Diversification; Home bias;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
Statistics
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