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

ISBN: 3631639740

ISBN13: 9783631639740

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. The idea is that financial portfolio choice has an impact on business cycles and contributes to convergence via the consumption-wealth linkage. The background...

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Format: Hardcover

Condition: New

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Related Subjects

Business Business & Investing

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