Stock Market Participation Puzzle in Emerging Economies: The Case of Lithuania
We examine underlying factors that explain an exceptionally low stock market participation rate among Lithuanian households by carrying out a comprehensive survey of mass affluent individuals. The probit regression analysis of the survey results indicates that lack of financial literacy, low risk to...
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| Veröffentlicht in: | Organizations and Markets in Emerging Economies |
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| Hauptverfasser: | , , |
| Format: | Artigo |
| Sprache: | Inglês |
| Veröffentlicht: |
Vilniaus Universitetas
2017
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| Schlagworte: | |
| Online-Zugang: | https://www.redalyc.org/articulo.oa?id=692375794007 |
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