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The profile of European stockholders

Listed author(s):
  • Luigi Guiso
  • Michael Haliassos
  • Tullio Jappelli

[eng] This paper presents an overview of the main findings of an international project on Stockholding in Europe coordinated by the authors. Contributions to the project identify the determinants of stockholding in five major European countries (France, Germany, Italy, Netherlands, and the UK). Each of these papers uses microeconomic data to identify the incidence of direct and indirect stockownership, and the relation of stockownership with socioeconomic variables. The main conclusions of the study are that entry costs and information costs still represent important barriers to join European stock markets, despite the spreading of an equity culture in the last decade. JEL classifications : E21, G11, M41

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Article provided by Programme National Persée in its journal Revue d'économie financière (English ed.).

Volume (Year): 64 (2001)
Issue (Month): 4 ()
Pages: 163-171

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Handle: RePEc:prs:recofi:ecofi_1767-4603_2001_num_64_4_4495
Note: DOI:10.3406/ecofi.2001.4495
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