Impact of education, age and gender on investor's sentiment: A survey of practitioners9.

ABSTRACT: The field of behavioral finance lacks a homogeneous and structured theoretical framework. The purpose of this paper is to contribute to further systematization in the field by analyzing the impacts of education, gender and age on investor behavior and sentiment. The study is based on online anonymous surveys given to 106 professional investors active in the Spanish market during February 2017. The survey includes control questions, seven questions regarding investors' sentiment to elaborate a confidence index and twenty questions concerning the practitioner's view of behavioral finance. We first identify a gap between the relevance of behavioral finance and the lack of education in the field. We also find a clear misalignment between the investors and their clients' profiles related to the

SUBMITTER: Gonzalez-Igual M 

PROVIDER: S-EPMC8027695 | biostudies-literature | 2021 Mar

REPOSITORIES: biostudies-literature