Scandinavian Working Papers in Economics

UiS Working Papers in Economics and Finance,
University of Stavanger

No 2017/7: Is Household Diversification Increasing in Wealth? Norwegian Evidence

Bernt Arne Odegaard ()
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Bernt Arne Odegaard: UiS, Postal: University of Stavanger, NO-4036 Stavanger, Norway

Abstract: We study the diversification properties of equity portfolios using data on all Norwegian households with equity investments. While households typically have undiversified equity portfolios, diversification is increasing in wealth.

Keywords: Household Finance; Equity Portfolio Diversification

JEL-codes: D14; G02; G11

18 pages, April 5, 2017

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