Data Overview
Research Questions
RQ1: Cross-country variance in equity investment – How much does the stock market participation vary by country? Which individual and country characteristics explain this variation?
RQ2: Universal vs. country-specific equity allocation factors – Do the factors driving investment decisions show corresponding heterogeneity?
RQ3: Dimensional structure of equity allocation factors – What are the core dimensions that drive equity investment decisions? Do these dimensions matter similarly across countries?
RQ4: Sustainable investing: cross-country variation, predictors and motives – Does the share of assets invested sustainably vary across countries? Do motives for sustainable investing differ across countries? Do concerns about climate change and biodiversity loss predict sustainable investment behavior and motives?
RQ5: Climate and biodiversity risk concerns and equity investment – How do concerns about climate risk and biodiversity loss affect stock market participation and equity allocation?
RQ6: Use of artificial intelligence in the investment process – How technology adoption affects individual portfolio choice?
RQ7: Tax incentives and investment decisions – What is the relative importance of taxation in investment decisions? How do tax complexity and incentives shape investment decisions?