Incomplete observation, filtering, and the home bias puzzle

研究成果: Article

3 引用 (Scopus)

抄録

This paper tries to explain the home bias puzzle by incompleteness of observation. Our result suggests that investors invest more in domestic asset when they are allowed to observe the process of foreign asset only partially.

元の言語English
ページ(範囲)75-80
ページ数6
ジャーナルEconomics Letters
62
発行部数1
出版物ステータスPublished - 1999 1 1
外部発表Yes

Fingerprint

Home bias
Assets
Investors
Incompleteness

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

これを引用

Incomplete observation, filtering, and the home bias puzzle. / Ueda, Michiko.

:: Economics Letters, 巻 62, 番号 1, 01.01.1999, p. 75-80.

研究成果: Article

@article{67b97ba09e174400abb0d584b6ebc494,
title = "Incomplete observation, filtering, and the home bias puzzle",
abstract = "This paper tries to explain the home bias puzzle by incompleteness of observation. Our result suggests that investors invest more in domestic asset when they are allowed to observe the process of foreign asset only partially.",
keywords = "F30, G11, Home bias puzzle, International portfolio diversification, International risk-sharing, Optimal portfolio choice, Stochastic filtering",
author = "Michiko Ueda",
year = "1999",
month = "1",
day = "1",
language = "English",
volume = "62",
pages = "75--80",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "1",

}

TY - JOUR

T1 - Incomplete observation, filtering, and the home bias puzzle

AU - Ueda, Michiko

PY - 1999/1/1

Y1 - 1999/1/1

N2 - This paper tries to explain the home bias puzzle by incompleteness of observation. Our result suggests that investors invest more in domestic asset when they are allowed to observe the process of foreign asset only partially.

AB - This paper tries to explain the home bias puzzle by incompleteness of observation. Our result suggests that investors invest more in domestic asset when they are allowed to observe the process of foreign asset only partially.

KW - F30

KW - G11

KW - Home bias puzzle

KW - International portfolio diversification

KW - International risk-sharing

KW - Optimal portfolio choice

KW - Stochastic filtering

UR - http://www.scopus.com/inward/record.url?scp=0033482047&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0033482047&partnerID=8YFLogxK

M3 - Article

AN - SCOPUS:0033482047

VL - 62

SP - 75

EP - 80

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 1

ER -