European Business Cycle Convergence : Portfolio Similarity and a Declining Home Bias of Private Investors
Is the euro area getting closer with regard to business cycles? The study investigates the linkage between business cycle convergence and financial portfolio choice for a panel of 18 European countries. For this purpose an index is constructed which measures the similarity of investment portfolios....
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| Format: | eBook |
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Bern
Peter Lang International Academic Publishers
20131204
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| Online Access: | Get fulltext |