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2019 Conference

May 21–23, 2019

Westin Arlington Gateway, Arlington, VA, USA

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107 Household Stock Holding Behaviors After the Great Recession

Wednesday, May 22, 2019 at 8:00 AM–8:50 AM EDT
Prefunction ACD
Key Words

Direct stock holdings, Indirect stock holdings, SCF, Risk tolerance, 

Short Description

In this research, we used 2016 SCF data to explore the U.S. households direct and indirect stock holding behaviors. We examined the correlation between the household risk tolerance and the household direct or indirect stock holdings. In addition, we want to explore the determinants for U.S. households stocks direct and indirect holdings. By doing logit regression, we found that risk tolerance is positively associated with both direct and indirect stock holdings. The respondents of white, with bachelor or more education level, higher income, homeownership, and saving horizon are positively associated with direct and indirect stock holding behaviors.  

 

First & Corresponding Author

Zhujun Cheng, Ohio State University
Authors in the order to be printed

Zhujun Cheng  Sherman Hanna  Tansel Yilmazer

Additional Authors

Sherman Hanna, Ohio State University
Tansel Yilmazer, Ohio State University
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