Jump to ContentJump to Main Navigation
International FinanceA Survey$
Users without a subscription are not able to see the full content.

H. Kent Baker and Leigh A. Riddick

Print publication date: 2012

Print ISBN-13: 9780199754656

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199754656.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 21 October 2018

International Investment Patterns

International Investment Patterns

Chapter:
(p.350) 17 International Investment Patterns
Source:
International Finance
Author(s):

SIMON J. BROOME

THOMAS J. FLAVIN

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199754656.003.0017

International investment patterns are an important indicator of financial linkages and integration. Country portfolios indicate how nations hold their financial wealth and thus provide information about the productivity and risk of a nation’s economic and financial sectors. This chapter reviews the literature on the composition of country portfolios and examines the asset and liability positions across countries. Many potential explanations of the observed heterogeneity in portfolios are reviewed by examining the extant literature on capital flows and asset allocation models. The chapter also looks at the role of fundamentals and informational asymmetries in restricting international capital flows, and how asset return predictability and investors’ risk aversion affect investors’ asset allocation.

Keywords:   investment patterns, capital flows, diversification strategies

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .