National Institute Economic Review

Forecast processes and methodologies: results of the 2023 special survey - Survey conducted on the occasion of the 25th anniversary of the ECB SPF

Retrieved on: 
Thursday, April 18, 2024

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.