Buch(gedruckt)2008
Home bias at the fund level
In: NBER working paper series 14172
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Abstract
"This paper presents new stylized facts on the distribution of the home bias at the fund level. We find (i) a large heterogeneity in the degree of home bias across mutual funds; (ii) a positive correlation between the size of funds and home bias; and (iii) a positive correlation between the size of funds, the number of foreign countries and the number of sectors in which they invest. These facts constitute a challenge for existing theories"--National Bureau of Economic Research web site
Verfügbarkeit
Themen
Sprachen
Englisch
Verlag
National Bureau of Economic Research
Seiten
14 S.
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