Household Stockholding in Europe : Where Do We Stand and Where Do We Go ?

  title={Household Stockholding in Europe : Where Do We Stand and Where Do We Go ?},
  author={Luigi Guiso and Michael Haliassos and Tullio Jappelli and Axel B{\"o}rsch-Supan},
We discuss the current state of stockownership among households in major European countries (France, Germany, Italy, the Netherlands, Sweden, and the UK), drawing parallels and contrasts with the US experience. We use detailed microeconomic datasets and explore the extent to which observed international differences in stockholding can be attributed to differences in household characteristics. Statistical analysis finds (1) an increase in stock market participation in all countries; (2… CONTINUE READING
Highly Cited
This paper has 61 citations. REVIEW CITATIONS
47 Citations
41 References
Similar Papers


Publications citing this paper.
Showing 1-10 of 47 extracted citations

61 Citations

Citations per Year
Semantic Scholar estimates that this publication has 61 citations based on the available data.

See our FAQ for additional information.


Publications referenced by this paper.
Showing 1-10 of 41 references

A Comparison between the European and the US Mutual Fund Industry,

  • Otten, Roger, Mark Schweitzer
  • Managerial Finance
  • 2002

Information and Household Portfolios,

  • Guiso, Luigi, Tullio Jappelli
  • 2002

Le strutture finanziarie dei paesi europei: un confronto sulla base dei nuovi conti finanziari.

  • L. Bartiloro, R. De Bonis
  • Rome: Bank of Italy,
  • 2002

The European and Euro-Zone Financial Structure. Rapid Changes in Recent Years,

  • Massaro, Riccardo, Erkki
  • Laakari
  • 2002

Towards an Explanation of Household Portfolio Choice Heterogeneity: Non-financial Income and Participation Cost Structures,

  • Vissing-Jorgensen, Annette
  • NBER Working Paper No
  • 2002

Similar Papers

Loading similar papers…