October 10, 2012

Older Japanese households found to have higher bias to shares than younger according to report

"older (Japanese)households tend to have greater stockholdings than younger households, but for
reasons involving greater financial assets or higher income, not the effects of age per
se."

Source: Aging and Household Stockholdings:
Evidence from Japanese Household Survey Data
Hiroshi FUJIKI, Naohisa HIRAKATA, and Etsuro SHIOJI
7th July 2012

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