TY  - BOOK
AU  - Feldstein,Martin
AU  - Yitzhaki,Shlomo
ED  - National Bureau of Economic Research.
TI  - Are High Income Individuals Better Stock Market Investors?
T2  - NBER working paper series
PY  - 1982///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - July 1982; Hardcopy version available to institutional subscribers
N2  - 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
UR  - https://www.nber.org/papers/w0948
UR  - http://dx.doi.org/10.3386/w0948
ER  -