Are Economists More Likely to Hold Stocks

By Charlotte Christiansen, J. Joensen, Jesper Rangvid. 2007

192 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7c37476621188461c023c08853e1346d03e54829

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Citations in the corpus

Financial literacy, financial advice, and financial behavior (2017, background): “…and Zhu 2006; Vissing-Jorgensen 2003; Calvet et al. 2007, 2009) as well as age (Calvet et al. 2007, 2009; Georgarakos and Pasini 2011), educational attainment (Christiansen et al. 2008; Calvet et al. 2007, 2009), professional status (Calvet et al. 2009), and even IQ (Grinblatt et al. 2011, 2012).”
Financial literacy and financial behavior: Evidence from the emerging Asian middle class (2018, background): “Apart from better retirement planning, financially literate individuals are more likely to invest in stocks (Christiansen et al., 2008; Van Rooij et al., 2011a) and have more diverse portfolios (Guiso and Jappelli, 2008; Abreu and Mendes, 2010).”
Financial literacy and its consequences: Evidence from Russia during the financial crisis (2013, background): “Studies have also used proximity to a university as an exogenous measure of financial knowledge (Christiansen et al., 2008).”
Chapter 21 - Household Finance: An Emerging Field∗ (2013, unknown): “Christiansen, Joensen, and Rangvid (2008) provide causal evidence that economists are more likely to own stocks than otherwise identical investors.”
Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios (2013, unknown): “[34] Christiansen, Charlotte, Juanna Schröter Joensen, and Jesper Rangvid, 2008, Are economists more likely to hold stocks?, Review of Finance 12 (3), 465-496.”
Investment in Financial Literacy and Saving Decisions (2013, methodology): “Christiansen et al. (2008) use a large register-based panel data set containing detailed information on Danish investors’ education attainment, and financial and socioeconomic variables.”
The Economic Importance of Financial Literacy: Theory and Evidence (2014, unknown): “Christiansen, Joensen, and Rangvid (2008) used the opening of a new university in a local area—arguably one of the most exogenous variables one can find— as instrument for knowledge, and they concluded that economics education is an important determinant of investment in stocks.”
Financial literacy and portfolio diversification (2010, background): “…to differences in investors’ age (DaSilva and Giannikos 2004), competence (Graham et al. 2005), wealth (Bertaut 1998, Kumar 2005, Massa and Simonov 2006), trading experience (Nicolasi et al. 2004), occupancy (Christiansen et al. 2007) or the environment in which they live (Goetzmann et al. 2004).”
Financial Literacy and the Financial Crisis (2012, unknown): “Studies have also documented the importance of proximity to a university as an exogenous measure of financial knowledge (Christiansen, Joensen, and Rangvid, 2008).”
Childhood Roots of Financial Literacy (2015, background): “Similarly, Christiansen et al. (2008) show that economists are more likely to hold stocks.”
Retail Financial Advice: Does One Size Fit All? (2015, unknown): “11The finding that individuals in the finance industry hold more equities is, however, consistent with evidence from Christiansen, Joensen, and Rangvid (2008) and Grinblatt, Keloharju, and Linnainmaa (2011).”
Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets (2018, unknown): “ 3 See Bertaut (1998); Guiso et al. (2003); Hong et al. (2004); Bogan (2008); and Christiansen, Joensen, and Rangvid (2008).”
Financial Literacy, Confidence and Financial Advice Seeking (2016, background): “Christiansen et al. (2008), however, rgue that causation entails the path from economics education to financial behaviors, while also Yoong (2010) justifies ur approach.”
Financial Literacy, Present Bias and Alternative Mortgage Products (2017, unknown): “This may be relevant in our scenario: for example, the choice of taking 14 Christiansen et al. (2008), Lusardi & Mitchell (2007a, 2007b) and Behrman et al. (2012) show that models that do not control for correlated errors typically underestimate the effect of financial literacy on wealth…”