Luis de Guindos: Presentation of the ECB Annual Report 2023 to the Committee on Economic and Monetary Affairs of the European Parliament

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Metadata
Provider: 
ECBECB
URL: 
https://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240418~cf8ae6a58e.en.htmlhttps://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240418~cf8ae6a58e.en.html
Retrieved on: 
Thursday, April 18, 2024
Information
Tags: 
Reproduction, Capital Markets Union, Attention, Growth, Face, Weakness, European Parliament, ECB, Committee, ESCB, Frankfurt, Policy, CRE, Communication, Insurance, CMU, Parliament, DFR, Economy, Suggestion, Annual report, European Central Bank
Geotags: 
UKRAINE, EU, SWITZERLAND, GERMANY, UNITED STATES
Summary
Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.
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