Home Bias in Global Bond and Equity Markets: The Role of Real Exchange Rate Volatility
By Michael Fidora, Marcel Fratzscher, Christian Thimann. 2007
403 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/1b1c0a774129708005d4f41dafa361338f9a4b48
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- Matteo Maggiori
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Citations in the corpus
- Restoring the Tower of Babel: How Foreign Firms Communicate with U.S. Investors (2014, neutral): “…that the home bias is driven by information asymmetry between local and foreign investors (see Van Nieuwerburgh and Veldkamp 2009 and references therein) as opposed to transaction costs (Rowland 1999), or exchange rate volatility (Fidora et al 2007), or poor foreign governance (Kho et al 2009).”
- Subjective measures of risk aversion, fixed costs, and portfolio choice (2011, neutral): “…(Ahearne et al., 2004; Choe et al., 2005; Dvorak, 2005), transparency in international markets (Gelon and Wei, 2005), trust (Guiso et al., 2008), real exchange rate volatility (Fidora et al., 2007), behavioral biases (Strong and Xu, 2003), and investors’ financial illiteracy (Graham et al., 2005).”
- International portfolio diversification is better than you think (2011, background): “…2007; Lane and Milesi-Feretti, 2004); exchange rate risk and currency unions (Lane, 2006; Coeurdacier and Martin, 2009; De Santis and Gerard, 2006; Fidora et al., 2007); institutions (Wei and Gelos, 2005; Vlachos, 2004; Daude and Fratzscher, 2008) and corporate governance (Dahlquist et al., 2003)…”
- Government Bonds and Their Investors: What are the Facts and Do They Matter? (2012, neutral): “Treasury bonds; Gagnon et al. (2010) on the supply of government bonds and quantitative easing in the U.S.; Beltran et al. (2012) on foreign demand for U.S. Treasury bonds; or Greenwood and Vayanos (2009) on U. K. pension fund regulations. Also, the paper complements the literature that focuses on e”
- International Currencies and Capital Allocation (2020, background): “26See, also, Fidora et al. (2007); De Moor and Vanpée (2013b), and De Moor and Vanpée (2013a).”