Financial distress experiences and participation in the U.S. stock market

Few studies have examined how psychological distress stemming from past financial market experiences influences households’ future financial decisions. Our study addresses this gap. Based on estimates from the Panel Study of Income Dynamics (PSID), non-pension or direct stock market participation by...

Full description

Saved in:
Bibliographic Details
Main Authors: Bing Chen, Frank P. Stafford, Xiaohui Yang
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2025.2511881
Tags: Add Tag
No Tags, Be the first to tag this record!