Equity home bias puzzle
id:
equity-home-bias-puzzle-320-5187059
title:
Equity home bias puzzle
text:
In finance and investing, the Home bias puzzle is the term given to describe the fact that individuals and institutions in most countries hold only modest amounts of foreign equity, and tend to strongly favor company stock from their home nation. This finding is regarded as puzzling, since ample evidence shows equity portfolios obtain substantial benefits from diversification into global stocks. Maurice Obstfeld and Kenneth Rogoff identified this as one of the six major puzzles in international
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Equity_home_bias_puzzle
date created:
date modified:
2023-03-07T20:02:07Z
main entity:
{"identifier":"Q1625919","url":"https://www.wikidata.org/entity/Q1625919"}
image:
fields total:
13
integrity:
13