Is Household Diversification Increasing in Wealth? Norwegian Evidence

16 Pages Posted: 6 Apr 2017

Date Written: April 5, 2017

Abstract

We study the diversification properties of equity portfolios using data on all Norwegian households with equity investments. While households typically have undiversified equity portfolios, diversification is increasing in wealth.

Keywords: Household Finance, Equity Portfolio Diversification

JEL Classification: D14, G02, G11

Suggested Citation

Ødegaard, Bernt Arne, Is Household Diversification Increasing in Wealth? Norwegian Evidence (April 5, 2017). Available at SSRN: https://ssrn.com/abstract=2946920 or http://dx.doi.org/10.2139/ssrn.2946920

Bernt Arne Ødegaard (Contact Author)

University of Stavanger ( email )

UiS Business School
Stavanger, NO-4036
Norway

HOME PAGE: http://ba-odegaard.no

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