The In-State Equity Bias of State Pension Plans
收藏NBER2015-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21020
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资源简介:
This paper provides evidence on the investment behavior of 27 state pension plans that manage their own equity portfolios. Even though these state plans typically hold broadly diversified portfolios, they substantially over-weight the equity of companies that are headquartered in-state. The over
提供机构:
美国国家经济研究局
创建时间:
2015-03-01



