Abstract
This article investigates the determinants of stock market wealth effect across regions. Using panel data from China, we find that the stock market wealth effect is more prevalent in regions with more stockholders, regions in which households have higher levels of stock ownership and regions in which households have lower incomes.
Original language | English |
---|---|
Pages (from-to) | 1157-1160 |
Journal | Applied Economics Letters |
Volume | 19 |
Issue number | 12 |
DOIs | |
Publication status | Published - 2012 |
Keywords
- China
- consumption
- regional differences
- stock market wealth effect
Indexed by
- ABDC-B
- Scopus
- SSCI
Fingerprint
Dive into the research topics of 'What drives regional differences in the stock market wealth effect in China?'. Together they form a unique fingerprint.Cite this
Wu, W., Rui, O. M., & Wu, C. (2012). What drives regional differences in the stock market wealth effect in China? Applied Economics Letters, 19(12), 1157-1160. https://doi.org/10.1080/13504851.2011.617679