Table 4

Significant research articles

Document titleAuthor and year of publicationSourceTotal citationTotal citation per yearNormalized TC
Financial literacy and stock market participationVan Rooij et al. (2011) Journal of Financial Economics1,523108.799.45
Trusting the stock marketGuiso et al. (2008) The Journal of Finance1,13566.763.09
Social interaction and stock-market participationHong et al. (2004) The Journal of Finance90943.293.67
Cognitive abilities and portfolio choiceChristelis et al. (2010) European Economic Review465314.73
Neighbors matter: Causal community effects and stock market participationBrown et al. (2008) The Journal of Finance38622.711.05
IQ and stock market participationGrinblatt et al. (2011) The Journal of Finance32022.861.98
Optimal life-cycle asset allocation: understanding the empirical evidenceGomes et al. (2005) The Journal of Finance27613.82.55
Individual preferences, monetary gambles, and stock market participation: a case for narrow framingBarberis et al. (2006) American Economic Review27314.371.48
Gender, stock market participation and financial literacyAlmenberg and Dreber (2015) Economics Letters23223.26.1
An equilibrium model with restricted stock market participationBasak and Cuoco (1998) The Review of Financial Studies2258.331.79
Peer performance and stock market entryKaustia et al. (2023) Journal of Financial Economics18714.384.18
Awareness and stock market participationGuiso et al. (2005) Review of Finance1778.851.64
Household stockholding in Europe: Where do we stand and where do we go?Guiso et al. (2003) Economic Policy1737.861.48
Ambiguity aversion and household portfolio choice puzzles: Empirical evidenceDimmock et al. (2016) Journal of Financial Economics16918.783.86
Corporate scandals and household stock market participationGiannetti and Wang (2016) The journal of finance16117.893.67
Attitudinal factors, financial literacy, and stock market participationSivaramakrishnan et al. (2017) International Journal of Bank Marketing15919.886.98
Trust, sociability, and stock market participationGeorgarakos and Pasini et al. (2011) Review of Finance154110.96
Risk tolerance and entrepreneurshipHvide and Panos (2014) Journal of Financial Economics143134.08
Nature or nurture: What determines investor behavior?Barnea et al. (2010) Journal of Financial Economics1429.471.45
Smart Money? The effect of education on financial outcomesCole et al. (2014) The Review of Financial Studies14112.824.02
Stock market participation and the internetBogan (2008) Journal of Financial and Quantitative Analysis1277.470.35
Are economists more likely to hold stocks?Christiansen et al. (2008) Review of Finance1056.180.29
The gender effect on risky asset holdingsHalko et al. (2012) Journal of Economic Behavior and Organization10482.32
 Social interaction, internet access and stock market participation—An empirical study in ChinaLiang and Guo (2015) Journal of Comparative Economics10310.32.71
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