Costs to Crossborder Investment and International Equity Market Equilibrium

Recent Developments in Corporate Finance, 1986, J Edwards (ed), Cambridge University Press

20 Pages Posted: 21 Dec 2012

See all articles by Ian A. Cooper

Ian A. Cooper

London Business School

Evi Kaplanis

London Business School

Date Written: January 1, 1986

Abstract

In this paper we first proposed a way of measuring home bias based on portfolio holdings of investors compared with global market weights that would hold under the ICAPM. We inferred the costs to cross-border investment and compared them to actual costs and restrictions, thus identifying the home bias puzzle. Since the collection of articles in which the paper appeared is no longer available, we are making the paper available on SSRN.

Keywords: Home bias

JEL Classification: F30, G15

Suggested Citation

Cooper, Ian Anthony and Kaplanis, Evi, Costs to Crossborder Investment and International Equity Market Equilibrium (January 1, 1986). Recent Developments in Corporate Finance, 1986, J Edwards (ed), Cambridge University Press, Available at SSRN: https://ssrn.com/abstract=2191573

Ian Anthony Cooper (Contact Author)

London Business School ( email )

Sussex Place
Regent's Park
London, London NW1 4SA
United Kingdom
+44 171 262 5050 (Phone)

Evi Kaplanis

London Business School ( email )

Sussex Place
Regent's Park
London, London NW1 4SA
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
166
Abstract Views
760
rank
198,062
PlumX Metrics