Home bias in consumption refers to consumers strongly preferring domestic over foreign products. However, if the products were to be differentiated, would there then be a taste for country of origin? If this were the case, ...

O presente artigo se destina a apresentar uma análise da concentração do portfólio de ações de investidores brasileiros, nas próprias empresas onde trabalham. Essa análise se concentrará nas ações que estes investidores ...

This article studies optimal portfolio decisions with (long-term) liabilities for small open economy based investors, including the optimality of currency hedging (Walker (2008a). Chile is the home country of the representative ...

In this paper, we observe the preferential characteristics of mutual fund managers when investing in Latin America. The main objective was checking the hypothesis that foreign managers prefer companies with characteristics ...

This paper presents an analysis of the concentration of the portfolio of Brazilian in-vestors in shares of companies that they work in order to observe whether the Home Bias applied to the sample. Our study was conducted ...

We explain why international nominal bonds and equity portfolios are biased domestically. In our model, holding domestic government nominal debt provides a hedge against shocks to bond returns and the impact on taxes they ...

A literatura de finanças international demonstra a existência de uma lacuna no que tange a identificação dos fatores que levam investidores internacionais ao Home Bias (“HB”) (Dalhquist, Pinkowitz, Stulz e Williamson, ...

Nesse trabalho são observadas as características preferencias dos gestores de fundos mútuos estrangeiros ao selecionar ações na América Latina. O objetivo foi verificar a hipótese de que esses gestores preferem companhias ...