Frank Elderson: “Know thyself” – avoiding policy mistakes in light of the prevailing climate science

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

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Provider: 
ECBECB
URL: 
https://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240412~0d4a2636db.en.htmlhttps://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240412~0d4a2636db.en.html
Retrieved on: 
Thursday, April 18, 2024
Information
Tags: 
European Convention, Reproduction, Failure, European Court, Face, Human rights, Frankfurt, Climate, United Nations, World Bank Group, Investment, Paris Agreement, International economics, Policy, Bank of Greece, Wildfire, Speech, Environment, United Nations Environment Programme, Science, ECB, Blog, Risk, Education, EIOPA, Communication, Drought, Ancient Greek, Climate change, Safety, Watcher, De Nederlandsche Bank, Procrastination, Depression, European Environment Agency, Green, Tourism, Knowledge, Research, Food, Private sector, Insurance, IPCC, Movement, European Central Bank, The, Temperature, Health, Uncertainty, Attention, Conference, Financial system, Supervisory board, Oracle, Bank, Fishery, Flood, Thought, DELFI, Water, World Bank, Persians, Government, International human rights law, Renewable energy
Geotags: 
PARIS, DELPHI, WASHINGTON, GREECE, IRAN, GERMANY
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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