The puzzling evolution of the home bias, information processing and financial openness

DOI10.1016/J.JEDC.2009.12.004MaRDI QIDQ964559zbMATH OpenOpenAlexFDO

Authors Jordi Mondria, Thomas Wu

Publication date 22 April 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://economicdynamics.org/meetpapers/2007/paper_669.pdf

zbMATH Keywords

portfolio choiceasymmetric informationhome biasrational inattention

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70) Portfolio theory (91G10)

Recommendations

• Incomplete observation, filtering, and the home bias puzzle
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Cites work

• A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets
• Boys will be boys: Gender, overconfidence, and common stock investment
• Dynamic portfolio choice and asset pricing with differential information
• Portfolio choice, attention allocation, and price comovement

Cited in

(4)

• Asset home bias in debtor and creditor countries
• International portfolio choice, liquidity constraints and the home equity bias puzzle
• Incomplete observation, filtering, and the home bias puzzle
• Top-down and bottom-up information acquisition: application to financial markets

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