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Author: Fang Cai
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Fang Cai
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Fang Cai
Publisher:
ISBN:
Category :
Languages : en
Pages : 38
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Book Description
It is an established fact that investors favor the familiar%u2014be it domestic securities or, within a country, the securities of nearby firms%u2014and avoid investments that would provide the greatest diversification benefits. While we do not rule out familiarity as an important driver of portfolio allocations, we provide new evidence of investors%u2019 international diversification motive. In particular, our analysis of the security-level U.S. equity holdings of foreign and domestic institutional investors indicates that institutional investors reveal a preference for domestic multinationals (MNCs), even after controlling for familiarity factors. We attribute this revealed preference to the desire to obtain %u201Csafe%u201D international diversification. We then show that holdings of domestic MNCs are substantial and, after accounting for this home-grown foreign exposure, that the share of %u201Cforeign%u201D equities in investors%u2019 portfolios roughly doubles, reducing (but not eliminating) the observed home bias.
Author: Wai Mun Fong
Publisher: WS Professional
ISBN: 9811212570
Category : Electronic books
Languages : en
Pages : 326
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Book Description
"Deals with a wide range of topics on personal finance covered in 45 chapters. Explains complex financial tools, products, processes in a simple-to-understand way. Beyond providing an explanation of products and tools, it also provides practical advice on money management"--
Author: Mr.Charles Engel
Publisher: International Monetary Fund
ISBN: 1451871597
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
This paper develops a two-country monetary DSGE model in which households choose a portfolio of home and foreign equities, and a forward position in foreign exchange. Some nominal goods prices are sticky. Trade in these assets achieves the same allocations as trade in a complete set of nominal state-contingent claims in our linearized model. When there is a high degree of price stickiness, we show that not much equity diversification is required to replicate the complete-markets equilibrium when agents are able to hedge foreign exchange risk sufficiently. Moreover, temporarily sticky nominal goods prices can have large effects on equity portfolios even when dividend processes are very persistent.
Author: Elizabeth Shakm Hurd
Publisher: Religion, Culture, and Public Life
ISBN: 9780231198981
Category :
Languages : en
Pages : 344
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Book Description
At Home and Abroad bridges the divide in the study of American religion, law, and politics between domestic and international, bringing together diverse authors to explore ties across conceptual and political boundaries. They examine the ideas, people, and institutions that provide links between domestic and foreign religious politics and policies.
Author: H. Kent Baker
Publisher: John Wiley & Sons
ISBN: 0470499117
Category : Business & Economics
Languages : en
Pages : 773
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Book Description
A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its applications to finance. Comprising contributed chapters written by distinguished authors from some of the most influential firms and universities in the world, Behavioral Finance provides a synthesis of the most essential elements of this discipline, including psychological concepts and behavioral biases, the behavioral aspects of asset pricing, asset allocation, and market prices, as well as investor behavior, corporate managerial behavior, and social influences. Uses a structured approach to put behavioral finance in perspective Relies on recent research findings to provide guidance through the maze of theories and concepts Discusses the impact of sub-optimal financial decisions on the efficiency of capital markets, personal wealth, and the performance of corporations Behavioral finance has quickly become part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.
Author: Hal S. Scott
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 1228
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Book Description
This casebook is an authoritative introduction to international finance, transactions, policy, and regulations. The continuing expansion of U.S. capital market regulation is a major topic, as is the implementation of international accounting standards. The book is divided into five parts. Part One deals with the international aspects of major domestic markets; Part Two with infrastructure for financial markets; Part Three with instruments and offshore markets; Part Four with emerging markets; and Part Five with the fighting of terrorism. While the approach of this book is rooted in government policy and regulation, the book introduces students to basic financial concepts and transactions. The conception of the field is original and complements existing texts written for finance or economics courses.
Author: Robert C. Feenstra
Publisher: Macmillan
ISBN: 9781429209205
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
Reinforces the topics and key concepts covered in the text.
Author: Kenneth A. Reinert
Publisher: Princeton University Press
ISBN: 1400830400
Category : Political Science
Languages : en
Pages : 1329
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Book Description
An essential reference to all facets of the world economy Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel
Author: Ray Land
Publisher: Springer
ISBN: 9463005129
Category : Education
Languages : en
Pages : 381
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Book Description
"Threshold Concepts in Practice brings together fifty researchers from sixteen countries and a wide variety of disciplines to analyse their teaching practice, and the learning experiences of their students, through the lens of the Threshold Concepts Framework. In any discipline, there are certain concepts – the ‘jewels in the curriculum’ – whose acquisition is akin to passing through a portal. Learners enter new conceptual (and often affective) territory. Previously inaccessible ways of thinking or practising come into view, without which they cannot progress, and which offer a transformed internal view of subject landscape, or even world view. These conceptual gateways are integrative, exposing the previously hidden interrelatedness of ideas, and are irreversible. However they frequently present troublesome knowledge and are often points at which students become stuck. Difficulty in understanding may leave the learner in a ‘liminal’ state of transition, a ‘betwixt and between’ space of knowing and not knowing, where understanding can approximate to a form of mimicry. Learners navigating such spaces report a sense of uncertainty, ambiguity, paradox, anxiety, even chaos. The liminal space may equally be one of awe and wonderment. Thresholds research identifies these spaces as key transformational points, crucial to the learner’s development but where they can oscillate and remain for considerable periods. These spaces require not only conceptual but ontological and discursive shifts. This volume, the fourth in a tetralogy on Threshold Concepts, discusses student experiences, and the curriculum interventions of their teachers, in a range of disciplines and professional practices including medicine, law, engineering, architecture and military education. Cover image: Detail from ‘Eve offering the apple to Adam in the Garden of Eden and the serpent’ c.1520–25. Lucas Cranach the Elder (1472–1553). Bridgeman Images. All rights reserved.
