Do Nontraded Goods Explain the Home Bias Puzzle?
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下载链接：
https://www.nber.org/papers/w5784
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资源简介：
Interpretations of the home bias puzzle in international finance have fre- quently focused on the role of fluctuations in domestic nontraded output, through their effects on the marginal utility of tradables consumption. This paper assesses the empirical evidence of this aproach, by deriving an
提供机构：
美国国家经济研究局
创建时间：
1996-10-01
