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This paper reconsiders the role of foreign investors in developed country equity markets. It presents a quantitative model of trading that is built around two new assumptions about investor sophistication: (i) both the foreign and domestic populations contain investors with superior information...
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This paper analyses how entry by an international bank into a developing economy aÞects the credit market equilibrium. It opers a novel explanation of how a foreign entrant overcomes asymmetric information problems, and complements extant hard vs. soft information based theories of credit...
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multinationals. Multinational firms are more exposed to risk: following a negative shock, they are reluctant to exit the foreign …
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expected retirement incomes, with smaller risk of catastrophic investment shortfalls, if they invested part of their retirement … strategies would also have reduced the risk of catastrophically poor investment performance. In all countries, retirement savers … risk of very small pensions than savers who restrict their investments to the domestic stock and bond funds …
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This study aims at assessing the risk-return profile of stock portfolios by different levels of the foreign ownership … risk for stocks. In addition, our empirical analyses indicate that the portfolios with the foreign ownership ratio falling …
Persistent link: https://www.econbiz.de/10012023370