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The Determinants of International Portfolio Holdings and Home Bias, Shujing Li, Hamid Faruqee, Isabel Yan

Abstract
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
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. LITERATURE REVIEW""; ""III. THE GRAVITY MODEL OF INTERNATIONAL PORTFOLIO HOLDING""; ""IV. DATA DESCRIPTION""; ""V. EMPIRICAL RESULTS""; ""VI. CONCLUSIONS""; ""References""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (26 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462372256

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