The Effects of Availability and Trust on Stock Market Participation: A cross-sectional study based on China
(2017) NEKP03 20171Department of Economics
- Abstract
- This paper investigates the effects of behavioral finances on stock market participation by employing data from China Family Panel Study (CFPS). Availability and trust are chosen as the target variables to explain the participation problems in the stock market. The study finds evidence that financial service availability and individual trust have positive influences on the stock market participation decisions. Further, when compared with financial service availability, regional economic advance does not show a significant impact on the participation rate. Additionally, a counter-intuitive finding is that females are more likely to participate in the stock market as family head in China.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8915654
- author
- Kong, Wenbin LU and Fan, Yuting LU
- supervisor
- organization
- course
- NEKP03 20171
- year
- 2017
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Stock Market Participation Puzzle, Availability, Trust and Salience Theory
- language
- English
- id
- 8915654
- date added to LUP
- 2017-06-15 08:36:02
- date last changed
- 2017-06-15 08:36:02
@misc{8915654, abstract = {{This paper investigates the effects of behavioral finances on stock market participation by employing data from China Family Panel Study (CFPS). Availability and trust are chosen as the target variables to explain the participation problems in the stock market. The study finds evidence that financial service availability and individual trust have positive influences on the stock market participation decisions. Further, when compared with financial service availability, regional economic advance does not show a significant impact on the participation rate. Additionally, a counter-intuitive finding is that females are more likely to participate in the stock market as family head in China.}}, author = {{Kong, Wenbin and Fan, Yuting}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Effects of Availability and Trust on Stock Market Participation: A cross-sectional study based on China}}, year = {{2017}}, }