Investičné správanie Slovákov a jeho modelovanie pomocou štrukturálnych rovníc
Investment Behaviour by Slovak Investors: Structural Equation Modelling
Author(s): Vladimír BalážSubject(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
Journal: Ekonomický časopis
- Issue Year: 58/2010
- Issue No: 02
- Page Range: 109-125
- Page Count: 17
- Language: Slovak