familiarity bias. The database allows lookthrough handling of investments via mutual funds and the like, and reveals that home … bias is smaller than usually believed. We find that both home bias and foreign bias are positively associated with the … mutual funds, both of which are consistent with information effects rather than familiarity bias. Again consistent with the …

In this paper, I explore the determinants of foreign bias in international portfolio investment focusing on a … uncertainty avoidance helps to explain foreign bias and that it has an amplifying effect on unfamiliarity and should be accounted …

We study how investor's persistent preference to invest more in the home market — “home bias” — is affecting investor … climate risk. This paper analyzes the carbon exposure and home bias of stock portfolios across a wide range of different … area investors are related to home bias. The bias to invest more in carbon-intensive firms from the domestic and EU …

We investigate the extent to which investors exhibit carbon home bias: disproportionate investment in carbon … relationship between carbon home bias, divestment and disclosure. We show that investors exhibit significant carbon home bias, with … home bias is not driven by differential home-foreign carbon risk premia, but instead suggest investors’ successful …

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 … report several positive country bias ratios suggesting that the source country's investors overweigh the destination market …

development and familiarity (language and distance) are considered key determinants for home bias. The literature neglects however … for this misclassification. First, we find substantially smaller home bias estimates compared to those in the literature …. Second, the explanatory power of plausible home bias determinants is lower than previously documented. Third, familiarity …

pervasiveness of home equity bias depend on the degree of investor protection. Additionally, we uncover a good country bias in … stocks consistent with the predictions of the model. -- Home Equity Bias ; Portfolio Choice ; Limited Participation …

The literature on international equity holdings distinguishes between home bias (overweighting of home stocks) and … foreign bias (relative underweighting for more 'distant' countries). The two biases can be integrated into one distance …-based model. We define pure home bias as the excess of home bias relative to this model, and find pure home bias only in emerging …