Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Gender role asymmetry and stock market participation – evidence from four European household surveys
Deutsche Bundesbank, Frankfurt, Germany.
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Nationalekonomi. German Institute for Economic Research DIW Berlin, Berlin, Germany.ORCID-id: 0000-0003-3879-7361
2018 (engelsk)Inngår i: European Journal of Finance, ISSN 1351-847X, E-ISSN 1466-4364, Vol. 24, nr 12, s. 1026-1046Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

This study investigates the importance of social norms for shaping women's and men's decision to participate in the stock market, aiming to disentangle the different channels playing a role in this decision. Gender role asymmetry is indicated by the country's rank in the gender equality index of the World Economic Forum. Using data from four national household surveys, we find that in Italy – the country with highly asymmetric gender role prescriptions – women's risk-taking behavior responds to this non-supportive environment. Consistent with the theory of social identity, Italian women refrain from stock market participation more than their self-reported risk tolerance levels would suggest. In contrast, in the three countries with a lower asymmetry in gender role prescriptions, no exaggerated female backing off from investing in stocks is observable. The result is robust to separately analyzing sub-samples of singles and couples. However, women who self-select into stock market participation invest the same portfolio share in stocks as do their male peers – independent of the society's degree of gender role divergence. 

sted, utgiver, år, opplag, sider
Routledge, 2018. Vol. 24, nr 12, s. 1026-1046
Emneord [en]
gender, risk tolerance, self-selection, social norms, stock market participation
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-38339DOI: 10.1080/1351847X.2017.1371622ISI: 000432659600002Scopus ID: 2-s2.0-85029434636Lokal ID: IHHÖvrigtISOAI: oai:DiVA.org:hj-38339DiVA, id: diva2:1170763
Tilgjengelig fra: 2018-01-04 Laget: 2018-01-04 Sist oppdatert: 2018-09-19bibliografisk kontrollert

Open Access i DiVA

fulltext(1178 kB)33 nedlastinger
Filinformasjon
Fil FULLTEXT01.pdfFilstørrelse 1178 kBChecksum SHA-512
46cf342b2c8e6e2c6463c4e0488c1fa44cac55009c71f02f9d5fa25d11ac11802a59da84462374089aa0a761930cbee97da75e3de8fd308a135f88d4f85c1528
Type fulltextMimetype application/pdf

Andre lenker

Forlagets fulltekstScopus

Personposter BETA

Schäfer, Dorothea

Søk i DiVA

Av forfatter/redaktør
Schäfer, Dorothea
Av organisasjonen
I samme tidsskrift
European Journal of Finance

Søk utenfor DiVA

GoogleGoogle Scholar
Totalt: 33 nedlastinger
Antall nedlastinger er summen av alle nedlastinger av alle fulltekster. Det kan for eksempel være tidligere versjoner som er ikke lenger tilgjengelige

doi
urn-nbn

Altmetric

doi
urn-nbn
Totalt: 175 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf