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 particular host, I document a number of stylized facts...

I provide an analysis of the home bias in international equity investments using data for the year-end 2006. Distinguishing two components of the local equity preference – the “domestic country bias” indicating whether local investors overinvest the domestic market, and the “foreign...

For the purposes of this note, forced displacement refers to the situation of persons who are forced to leave or flee their homes due to conflict, violence, or persecution. Those displaced can either be refugees outside their country of nationality or be people displaced inside their country of...