Friends do let friends buy stocks actively
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DOI: 10.26509/frbc-wp-201314
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- Erol Akcay & David Hirshleifer, 2020. "Social Finance: Cultural Evolution, Transmission Bias and Market Dynamics," NBER Working Papers 27745, National Bureau of Economic Research, Inc.
- Phan, Thuy Chung & Rieger, Marc Oliver & Wang, Mei, 2018. "What leads to overtrading and under-diversification? Survey evidence from retail investors in an emerging market," Journal of Behavioral and Experimental Finance, Elsevier, vol. 19(C), pages 39-55.
- Rawley Heimer & David Simon, 2015. "Facebook Finance: How Social Interaction Propagates Active Investing," Working Papers (Old Series) 1522, Federal Reserve Bank of Cleveland.
- Luik, Marc-André & Steinhardt, Max Friedrich, 2016.
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- Luik, Marc-André & Steinhardt, Max Friedrich, 2015. "Immigrant-native differences in stockholding: The role of cognitive and non-cognitive skills," HWWI Research Papers 164, Hamburg Institute of International Economics (HWWI).
- Richard Sias & Laura Starks & Harry J. Turtle, 2020. "Molecular Genetics, Risk Aversion, Return Perceptions, and Stock Market Participation," NBER Working Papers 27638, National Bureau of Economic Research, Inc.
- Rawley Heimer, 2014. "Can Leverage Constraints Help Investors?," Working Papers (Old Series) 1433, Federal Reserve Bank of Cleveland.
- Lu, Timothy (Jun) & Tang, Ning, 2019. "Social interactions in asset allocation decisions: Evidence from 401(k) pension plan investors," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 1-14.
- Mark J. Browne & Annette Hofmann & Andreas Richter & Sophie-Madeleine Roth & Petra Steinorth, 2021. "Peer effects in risk preferences: Evidence from Germany," Annals of Operations Research, Springer, vol. 299(1), pages 1129-1163, April.
- Zhang, Annie C. & Fang, Jiali & Jacobsen, Ben & Marshall, Ben R., 2018. "Peer effects, personal characteristics and asset allocation," Journal of Banking & Finance, Elsevier, vol. 90(C), pages 76-95.
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Keywords
Investments; Finance;NEP fields
This paper has been announced in the following NEP Reports:- NEP-CWA-2013-11-14 (Central and Western Asia)
- NEP-SOC-2013-11-14 (Social Norms and Social Capital)
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