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Home Bias in Open Economy Financial Macroeconomics

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NBER2011-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17691
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资源简介:
Home bias is a perennial feature of international capital markets. We review various explanations of this puzzling phenomenon highlighting recent developments in macroeconomic modelling that incorporate international portfolio choices in standard two-country general equilibrium models. We refer to
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2011-12-01
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