U.S. Investors' Emerging Market Equity Portfolios : A Security-Level Analysis /

We analyze a unique data set and uncover a remarkable result that casts a new light on the home bias phenomenon. The data are comprehensive, security-level holdings of emerging market equities by U.S. investors. We document, as expected, that at a point in time U.S. portfolios are tilted towards fir...

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Bibliographic Details
Main Author: Warnock, Francis
Other Authors: Edison, Hali
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/238
Online Access:Full text available on IMF