Information Immobility and the Home Bias Puzzle
收藏NBER2007-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13366
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资源简介：
Many argue that home bias arises because home investors can predict home asset payoffs more accurately than foreigners can. But why doesn't global information access eliminate this asymmetry? We model investors, endowed with a small home information advantage, who choose what information to learn
提供机构：
美国国家经济研究局
创建时间：
2007-09-01
