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Is Household Diversification Increasing in Wealth? Norwegian Evidence

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  • Odegaard, Bernt Arne

    (UiS)

Abstract

We study the diversification properties of equity portfolios using data on all Norwegian households with equity investments. While households typically have undiversified equity portfolios, diversification is increasing in wealth.

Suggested Citation

  • Odegaard, Bernt Arne, 2017. "Is Household Diversification Increasing in Wealth? Norwegian Evidence," UiS Working Papers in Economics and Finance 2017/7, University of Stavanger.
    • Handle: RePEc:hhs:stavef:2017_007
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    File URL: http://www1.uis.no/ansatt/odegaard/uis_wps_econ_fin/uis_wps_2017_07_odegaard.pdf
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    More about this item

    Keywords

    Household Finance; Equity Portfolio Diversification;

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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