The Determinants of International Portfolio Holdings and Home Bias /

Despite the liberalization of foreign portfolio investment around the globe since the early 1980s, the home-bias phenomenon is still found to exist. Using a relatively new IMF survey dataset of cross-border equity holdings, this paper tests new structural equations from a consumption-based asset-pri...

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Autor principal: Li, Shujing
Altres autors: Faruqee, Hamid, Yan, Isabel
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2004.
Col·lecció:IMF Working Papers; Working Paper ; No. 2004/034
Accés en línia:Full text available on IMF