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 …

countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …

countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …

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 …

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 …

of Portfolio Management [2006]) efficiently replicates a number of stylized facts associated to home bias and local …

I provide an analysis of the home bias in international equity investments using data for the year-end 2006 …. Distinguishing two components of the local equity preference – the “domestic country bias” indicating whether local investors … overinvest the domestic market, and the “foreign country bias” indicating whether investors overinvest or underinvest a …

-level internationalization and call into question whether investing in domestic stock indices actually leads to home bias. We use three measures … that investors who invest in their domestic market do not necessarily suffer from home bias. Instead, investing in domestic … stock indices more likely prevents investors from a home bias instead of entrapping them to insufficient portfolios …