Excessive FDI Flows Under Asymmetric Information
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In Razin, Sadka and Yuen (1998, 1999a), we explored the policy implications of the home-bias in international portfolio investment as a result of asymmetric information problems in which domestic savers, being 'close' to the domestic market, have an informational advantage over foreign portfolio
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美国国家经济研究局创建时间：
1999-10-01
