Showing 1 - 10 of 42,467
This paper studies the effect of elections and democracy on bond and equity flows to emerging countries. Our results … indicate that elections affect portfolio flows: the period following an election is generally characterised by a fall in equity … uncertainty about future policies plays a key role in explaining the effect of elections. Bond flows decrease after an election …
Persistent link: https://www.econbiz.de/10012110636
Gauging foreign (domestic) biases as the deviation of foreign (domestic) investors' actual portfolio allocation of a bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and domestic investment biases in 41 global bond markets. We find...
Persistent link: https://www.econbiz.de/10012064697
Gauging foreign (domestic) biases as the deviation of foreign (domestic) investors' actual portfolio allocation of a bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and domestic investment biases in 41 global bond markets. We find...
Persistent link: https://www.econbiz.de/10011791937
Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...
Persistent link: https://www.econbiz.de/10011653295
Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...
Persistent link: https://www.econbiz.de/10011613150
One can consider the concept of market neutrality for hedge funds as having breadth and depth: breadth reflects the number of market risks to which a fund is neutral, while depth reflects the completeness of the neutrality of the fund to market risks. We focus on market neutrality depth, and...
Persistent link: https://www.econbiz.de/10010746652
This paper studies the effect of elections and democracy on bond and equity flows to emerging countries. Our results … indicate that elections affect portfolio flows: the period following an election is generally characterised by a fall in equity … uncertainty about future policies plays a key role in explaining the effect of elections. Bond flows decrease after an election …
Persistent link: https://www.econbiz.de/10013137359
In this work, we study the strategies driving cross-border sovereign wealth fund (SWF) investments worldwide. In particular, we investigate how SWFs internationalize their activities, studying whether the use of investment vehicles as signal of passive investment approach to access foreign...
Persistent link: https://www.econbiz.de/10013004732
surmises that oppositions will reduce agitations when shocks are anticipated (elections). In contrast, when unanticipated …
Persistent link: https://www.econbiz.de/10014322628
surmises that oppositions will reduce agitations when shocks are anticipated (elections). In contrast, when unanticipated …
Persistent link: https://www.econbiz.de/10013461857