Record Details

“Home Bias Puzzle”. Is It a Puzzle or Not?

Economic Analysis

View Archive Info
 
 
Field Value
 
Title “Home Bias Puzzle”. Is It a Puzzle or Not?
 
Creator Gavriilidis, Constantinos
 
Description The benefits of international diversification have been well documented over the last decades. Despite this however, investors seem unwilling to exploit this opportunity in order to limit the risk of their portfolio and they continue to invest the largest percentage of their wealth in domestic assets. This phenomenon is called the Home Bias Puzzle and the given explanations for it have not been empirically proven to justify its existence. 
The purpose of this paper is to present a literature review on the opinions and possible explanations about the home bias puzzle. Furthermore, concluding, it will try to answer whether the home bias puzzle is a puzzle or not.
 
Publisher Institute of Economic Sciences, Belgrade, Serbia
 
Date 2017-09-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://www.library.ien.bg.ac.rs/index.php/ea/article/view/178
 
Source Economic Analysis; Vol 43 No 3-4 (2010): Economic Analysis; 7-14
2560-3949
1821-2573
 
Language eng
 
Relation https://www.library.ien.bg.ac.rs/index.php/ea/article/view/178/173
 
Rights Copyright (c) 2017 Economic Analysis
http://creativecommons.org/licenses/by-nc-nd/4.0