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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Li, Shujing
Muut tekijät: Faruqee, Hamid, Yan, Isabel
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2004.
Sarja:IMF Working Papers; Working Paper ; No. 2004/034
Linkit:Full text available on IMF
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245 1 4 |a The Determinants of International Portfolio Holdings and Home Bias /  |c Shujing Li, Hamid Faruqee, Isabel Yan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2004. 
300 |a 1 online resource (25 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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-pricing model on international portfolio holdings. Using of stock data allows us to provide new and clear-cut evidence on the determinants of international portfolio holdings. 
538 |a Mode of access: Internet 
700 1 |a Faruqee, Hamid. 
700 1 |a Yan, Isabel. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2004/034 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2004/034/001.2004.issue-034-en.xml  |z IMF e-Library