Documents & Reports

Do individual investors ignore transaction costs ? (English)

Abstract

Using close to 800,000 (2,000,000) transactions by 66,000 (303,000) households in the United States (in Finland), this paper shows that individual investors with longer holding periods choose to hold less liquid stocks in their portfolios, consistent ... See More +

Details

  • Anginer, Deniz; Han, Snow Xue; Yildizhan, Celim;
  • 2017/06/09 08:45:01
  • Policy Research Working Paper
  • WPS8098
  • 1
  • 1
  • United StatesFinland
  • Rest Of The WorldEurope and Central Asia
  • 2017/06/09 08:36:50
  • Disclosed
  • Do individual investors ignore transaction costs ?
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