Financial Information and Investment Decisions: Some Stylized Facts from the United States using the Luxembourg Wealth Study Database
Piotr Paradowski (LIS & Gdańsk University of Technology)
A sound source of financial information is essential for households to make the right decisions for investing, saving, or borrowing. They affect not only the well-being of households but also the economy as a whole. This brief writing aims to examine the sources of information utilized by households for investing decisions. It also assesses how the usage of financial information sources changed over time and whether they correlate with households’ investments.
Full article is available here.