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Why Is There a Home Bias? An Analysis of Foreign Portfolio Equity Ownership in Japan

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NBER1995-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5166
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资源简介:
This paper uses data on foreign stock ownership in Japan from 1975 to 1991 to examine the determinants of the home bias in portfolio holdings. Existing models of international portfolio choice predicting that foreign investors hold national market portfolios or portfolios tilted towards high
提供机构:
美国国家经济研究局
创建时间:
1995-07-01
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