Portfolio inertia and stock market fluctuations

By Yannis Bilias, Dimitris Georgarakos, Michael Haliassos. 2010

183 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b17dc04dfef42a470d1612fb2d21986e6c8013dc

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Citations in the corpus

Asset Price Dynamics with Slow-Moving Capital (2010, background): “7For further evidence on the slowness of individual portfolio adjustments, see Lusardi (1999), Lusardi (2003), Brunnermeier and Nagel (2008), and Bilias, Georgarakos, and Haliassos (2009).”
Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market (2015, unknown): “Brueckner, Jan K. and James R. Follain, 1988, “The Rise and Fall of the ARM: An Econometric Analysis of Mortgage Choice,”Review of Economics and Statistics 70, 93—102.”
Financial literacy, financial advice, and financial behavior (2017, background): “3 Investment choices A related strand of literature analyzes the association between financial literacy and trading behavior (e.g., Feng and Seasholes 2005; Bilias et al. 2010; Hoffmann et al. 2013; Bucher-Koenen and Ziegelmeyer 2014; Guiso and Viviano 2015) and the corresponding studies generally d”
Infrequent Portfolio Decisions: A Solution to the Forward Discount Puzzle (2010, background): “26 For a discussion of evidence on infrequent trading see Yannis Bilias et al. (2005) and Annette Vissing-Jorgenson (2004).”
Presidential Address: Asset Price Dynamics with Slow‐Moving Capital (2010, background): “My objective is a conceptual framework for the dynamics of 7For further evidence on the slowness of individual portfolio adjustments, see Lusardi (1999, 2003), Brunnermeier and Nagel (2008), and Bilias, Georgarakos, and Haliassos (2009).”
Financial Literacy and Portfolio Dynamics (2016, unknown): “6See Goetzmann and Kumar (2008); Greenwood and Nagel (2009); Bilias et al. (2010).”
How Does Monetary Policy Affect Income and Wealth Inequality? Evidence from Quantitative Easing in the Euro Area (2018, result): “Similar findings are reported in Bilias et al. (2010): The bulk of US households exhibit considerable inertia in their stock portfolios (held in brokerage accounts).”
Individual Investor Perceptions and Behavior During the Financial Crisis (2013, unknown): “Thus, although present, timevarying risk tolerance and its impact on risk-taking behavior can be masked and overcompensated by the impact of investor inertia found by Brunnermeier and Nagel (2008) as well as Bilias et al. (2010).”