Feldstein, Martin. <br/><br/>
Are High Income Individuals Better Stock Market Investors? / 
Martin Feldstein, Shlomo Yitzhaki. 
 - Cambridge, Mass.  National Bureau of Economic Research  1982. 
 - 1 online resource:  illustrations (black and white); 
 - NBER working paper series  no. w0948 .
 - Working Paper Series (National Bureau of Economic Research)  no. w0948. .
<br/><br/> July 1982. 
<br/><br/> This paper presents evidence that the corporate stock owned by high income investors appreciates substantially faster than the stock owned by investors with lower incomes. Those with very high incomes enjoy the greatest success on their investments while those with incomes under $20,000 have the least success. The evidence indicates that the differences are large and that they have persisted for a long time. 
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