European Business Cycle Convergence : Portfolio Similarity and a Declining Home Bias of Private Investors

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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Bibliographic Details
Main Author: Schneider, Jennifer (auth)
Format: Book Chapter
Published: Bern Peter Lang International Academic Publishing Group 20131204
Subjects:
Economic theory & philosophy
Behavioural economics
Business & management
Bias
Business
Consumption-Wealth-Linkage
Convergence
Cycle
Declining
European
Home
International Asset Pricing Model
Investors
Panel Methods
Portfolio
Portfolio Choice
Private
Schneider
Similarity
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