Location choice, portfolio choice
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DOI: 10.1016/j.jfineco.2019.10.010
Abstract: Households hold nondiversified stock portfolios of firms headquartered near their city of residence. Explanations assign a causal role for proximity, either in generating an informational advantage or a familiarity bias. Empirical analyses assume households locate… read more here.
Keywords: economics; location; choice; choice portfolio ... See more keywords