Frank Elderson: “Know thyself” – avoiding policy mistakes in light of the prevailing climate science
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Thursday, April 18, 2024
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Stock market development and familiarity (language and distance) are considered key determinants for home bias.
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.