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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF ACCOUNTING AND FINANCE 


Impact of Student Loan Debt on Stock Ownership: An Analysis Based on the Survey of Consumer Finances


Author(s): Jordan Coakley, Meng Li

Citation: Jordan Coakley, Meng Li, (2020) "Impact of Student Loan Debt on Stock Ownership: An Analysis Based on the Survey of Consumer Finances," Journal of Accounting and Finance, Vol. 20, ss. 6, pp. 22-31

Article Type: Research paper

Publisher: North American Business Press

Abstract:

This paper explores the effect of student loan debt on stock ownership in young people based on the Federal Reserve’s Survey of Consumer Finances 2016. Consistent with the finding of a negative relationship between student loan debt and stock market participation using 1992-2013 data across all age groups by Batkeyev et al. (2016), our regression also shows a negative association between student loan debt and stock ownership. These results suggest that young people invest less in the stock market when they have more student loan debt.