the hypothesis inference methodology and considering a possible data snooping bias. The proposed approach is demonstrated …

squared returns should be the same over longer time horizons. It is shown that the magnitude of this bias cannot be explained …

" equities in investors' portfolios nearly doubles, reducing (but not eliminating) the observed home bias. …

In this paper, I explore the determinants of foreign bias in international portfolio investment focusing on a … uncertainty avoidance helps to explain foreign bias and that it has an amplifying effect on unfamiliarity and should be accounted …

? equities in investors' portfolios nearly doubles, reducing (but not eliminating) the observed home bias. …

increases in investors' risk aversion which in turn increases investors' proneness to familiarity bias. I hypothesize that … volatility is high. The average home bias and country concentration of investors' foreign holdings are of 8-10% larger during …

countries to a parallel shift from equity home bias to equity Euro bias. We interpret this evidence by means of a standard mean …

Distinguishing two components of the preference for geographical proximity – the domestic country bias assessing … investors' holdings within the domestic market, and the foreign country bias assessing investors' bilateral holdings within a … report several positive country bias ratios suggesting that the source country's investors overweigh the destination market …