Takahashi, Harutaka - In: Journal of economic structures : JES; the official … 12 (2023), pp. 1-19
a cross-country measure of home bias. We re-estimate the savings retention coefficient based on an estimation model in … empirical results are as follows. The new measure of home country bias, such as the equity bias measure, declined steadily until … country bias to be very high after the financial crisis, but in fact it simply returned to its previous level. …