| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7844 |
| DP7844 The Effect of Education on Equity Holdings | |
| Bent E Sørensen; Maria Luengo-Prado; Dmytro Hryshko | |
| 发表日期 | 2010-06-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, gaining a white-collar job appears to be the main channel. |
| 主题 | International Macroeconomics |
| 关键词 | College openings Portfolio demand |
| URL | https://cepr.org/publications/dp7844 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536681 |
| 推荐引用方式 GB/T 7714 | Bent E Sørensen,Maria Luengo-Prado,Dmytro Hryshko. DP7844 The Effect of Education on Equity Holdings. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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