In this article, we analyse the geography ofAustralia’s international portfolio investmentusing the International Monetary Fund’s CoordinatedPortfolio Investment Survey dataset.Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national...

[Abstract]: Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national income almost doubledbetween 1997 and 2001. However, Australia’sinternational investment position as a percentageof national income is one of the lowestamongst the major...

In this paper we study the effect of quality of institutions in the OECD and Asian host countries on outward foreign direct investment (FDI) stocks of source OECD countries using International Country Risk Guide governance indicators, for the period 1991 to 2001. We find that better institutions...

Purpose: This study aims to examine the systemic risk contagion in banks from 15 US states using extreme shocks in their distance to risk. Design/methodology/approach: The authors contemplate a model that inputs co-exceedances in the base US states’ banking sector as the dependent variable...