Investment Behaviour by Slovak Investors: Structural Equation Modelling Cover Image

Investičné správanie Slovákov a jeho modelovanie pomocou štrukturálnych rovníc
Investment Behaviour by Slovak Investors: Structural Equation Modelling

Author(s): Vladimír Baláž
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: behavioural economics; personal finance; investment decisions

Summary/Abstract: This paper examines investment behaviour by Slovak investors. Data pro-vided by the Slovak Survey of Investor Behaviour are analysed via structural equation modelling. Two major subsamples of the Survey (standard population sample and sophisticated investors) account for similar determinants of investor behaviour. Risk tolerance, emotions and life-cycle factors explain significant proportion of variance in investment decisions

  • Issue Year: 58/2010
  • Issue No: 02
  • Page Range: 109-125
  • Page Count: 17
  • Language: Slovak
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