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Author: | Lewis, K. K. |
Title: | Trying to explain home bias in equities and consumption. |
Journal: | Journal of Economic Literature
1999 : JUN, VOL. 37:2, p. 571-608 |
Index terms: | Portfolio management Investment analysis Risk sharing |
Language: | eng |
Abstract: | The observation that individuals hold too little of their wealth in foreign assets has been called "home bias". In this essay the author has examined explanations for equity home bias in the literature and found that no single explanation emerges as the definite one. |
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