Hossein Asgharian
Professor
Institutional Quality, Trust, and Stock Market Participation: Learning to Forget
Författare
Summary, in English
We explore the relations among institutional quality, households’ level of trust, and stock market participation. We find that institutional quality has a significant impact on both trust and participation. The individual level of trust significantly affects participation, but trust plays a small role in the effect of institutional quality on participation. Further, we demonstrate that immigrants are affected by the institutional quality of both their country of residence and their home country, and that education emerges as an important learning factor in immigrants’ adaptation to new institutional environments.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2023-11-09
Språk
Engelska
Publikation/Tidskrift/Serie
Quarterly Journal of Finance
Dokumenttyp
Artikel i tidskrift
Förlag
World Scientific Publishing
Ämne
- Economics
Status
Epub
ISBN/ISSN/Övrigt
- ISSN: 2010-1392