Federal Reserve Bank of New York
Current Issues in Economics and Finance
Stocks in the household portfolio: a look back at the 1990s
The growing prominence of stocks as a household asset in the 1990s encouraged the view that the United States had become a nation of zealous investors alert to every market development and eager to acquire new stocks. Yet an analysis of the factors behind the rise in the household equity share suggests that exceptionally high returns on stocks_rather than aggressive investment behavior_accounted for much of the increased importance of stocks.
Cite this item
Joseph Tracy & Henry Schneider, "Stocks in the household portfolio: a look back at the 1990s", Federal Reserve Bank of New York, Current Issues in Economics and Finance, volume 7, issue Apr, 2001.
Keywords: Financial markets ; Rate of return
This item with handle RePEc:fip:fednci:y:2001:i:apr:n:v.7no.4
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