Integrated capital markets facilitate risk sharing across countries. Lower home bias in financial investments is an … indicator of risk sharing. We highlight that existing indicators of equity home bias in the literature suffer from incomplete … coverage because they consider only listed equities. We also consider unlisted equites and show that equity home bias is much …

. Such return driven behavior of foreign investors is especially pronounced in emerging bond markets. Meanwhile, home bias is …

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

bias, and country concentration. The paper finds that, if a country has a large amount of bilateral portfolio exposure in … financial spillovers; if a country has a stronger home bias, the country could have less spillovers from foreign financial …

financially integrated than it appears, both within the currency union and vis-à-vis the rest of the world. While official data … suggests a sharp decline in portfolio home bias for Euro Area countries relative to other developed economies following the …

risky assets relative to those predicted by standard finance models – generally identified as “home bias” – across … international markets. The innovation we offer is ascribing home bias to endogenous information acquisition, or “asset management … determining how home bias varies among individual investors and across financial markets. Our model also provides insights …

risky assets relative to those predicted by standard finance models – generally identified as “home bias” – across … international markets. The innovation we offer is ascribing home bias to endogenous information acquisition, or “asset management … determining how home bias varies among individual investors and across financial markets. Our model also provides insights …

deviations of portfolio concentrations in domestic relative to foreign risky assets, or "home bias", from what standard finance … models predict. Our model ascribes the "bias" to endogenous information acquisition bolstered by investors' human capital. We …