The Holders and Issuers of International Portfolio Securities
Trinity Economics Papers No. 0916
Posted: 10 Apr 2017 Last revised: 11 Jul 2018
Date Written: July 20, 2016
Research on the geographical distribution of international portfolios has mainly focused on data aggregated to the country level. We exploit newly-available data that disaggregates the holders and issuers of international securities along sectoral lines. We find that patterns evident in the aggregate data do not uniformly apply across the various holding and issuing sectors, such that a full understanding of cross-border portfolio positions requires granular-level analysis.
Keywords: International Portfolios, International Capital Flows, Gravity Models
JEL Classification: F30, F41, G15
Suggested Citation: Suggested Citation