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Are High Income Individuals Better Stock Market Investors? / Martin Feldstein, Shlomo Yitzhaki.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Feldstein, Martin.
Contributor:
National Bureau of Economic Research.
Yitzhaki, Shlomo.
Series:
Working Paper Series (National Bureau of Economic Research) no. w0948.
NBER working paper series no. w0948
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1982.
Summary:
This paper presents evidence that the corporate stock owned by high income investors appreciates substantially faster than the stock owned by investors with lower incomes. Those with very high incomes enjoy the greatest success on their investments while those with incomes under $20,000 have the least success. The evidence indicates that the differences are large and that they have persisted for a long time.
Notes:
Print version record
July 1982.

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