U.S. equity investment in foreign markets: portfolio rebalancing or return chasing?
Article Abstract:
The increase in US foreign investments and changes in the portfolio handled by US investors are studied to determine the consistency of investor behavior with the generally-accepted models of international portfolio choice. By creating a model that uses data on foreign equity transactions and returns on investment, it can be seen that buying behavior is determined by the occurrence of investment opportunities compared to the need to maintain balanced investments.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
The cross section of foreign currency risk premia and consumption growth risk
Article Abstract:
The influence of consumption-based models on foreign exchange risk patterns is explained. Studying aggregate consumption growth risk provides a basis for understanding domestic investment patterns.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Portfolio choice and trading in a large 401(k) plan
Article Abstract:
A study of the portfolio management of 7,000 retirement accounts during April 1994-August 1998 is presented. The patterns of asset allocations in these 401 (k) plans are discussed.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Irreversible investment under uncertainty in oligopoly. Minimum-cost portfolio insurance. Optimal portfolio policies with borrowing and shortsale constraints
- Abstracts: From efficient markets theory to behavioral finance. Religion and economy. The efficient market hypothesis and its critics
- Abstracts: Finding from evidence-based forecasting: methods for reducing forecast error. Unmasking the Theta method
- Abstracts: Demand uncertainty, incomplete markets, and the optimality of rationing. Informed trading and the 'leakage' of information
- Abstracts: Strategies of foreign banks in Russia. Forecasting the development and structure of the Russian banking system