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: 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
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