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

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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: Electronic Book Chapter
Language:English
Published: Bern Peter Lang International Academic Publishing Group 2013
Series:Hohenheimer volkswirtschaftliche Schriften
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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