Showing 21 - 30 of 1,701
Persistent link: https://www.econbiz.de/10009426393
Persistent link: https://www.econbiz.de/10009270203
We investigate the determinants of bilateral international equity and bond portfolio reallocation across a large cross section of countries over the 1997 to 2001 period. We first argue that financial integration is not a global phenomenon, as equity and bond home biases declined significantly...
Persistent link: https://www.econbiz.de/10003337146
, the overall decision situation is ultra simple. It is so simple that: a) economists and psychologists can mechanically … model and identify what is a mistake, and b) decision makers can maximise. However, contrary to prospect theory, in the … ; decision costs ; evaluation ; maximisation ; Black Scholes ; Lehmann Brothers ; sub-prime crisis ; central bank swaps …
Persistent link: https://www.econbiz.de/10003867227
Persistent link: https://www.econbiz.de/10003865108
Persistent link: https://www.econbiz.de/10003547779
Persistent link: https://www.econbiz.de/10003263400
Persistent link: https://www.econbiz.de/10011648702
Persistent link: https://www.econbiz.de/10011562698
How does financial integration impact capital accumulation, current-account dynamics, and cross-country inequality? We investigate this question within a two-country, general-equilibrium, incomplete-markets model that focuses on the importance of idiosyncratic entrepreneurial risk - a risk that...
Persistent link: https://www.econbiz.de/10013131067