Buch, Claudia M. (contributor); … - 2005
optimal portfolios to the actual cross-border assets of banks from 1995-1999 and try to explain the deviations. We find that … strong impact on the degree of underinvestment whereas less political risk increases the degree of over-investment. … University of Tuebingen, Department of Economics, International Finance, Mohlstrasse 36, D-72074,Tuebingen, Germany;
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