Financial education, investor protection and international portfolio diversification
نویسندگان
چکیده
منابع مشابه
Financial Globalization, Portfolio Diversification, and the Pattern of International Trade
The paper provides a general equilibrium model to show how the incompleteness of international financial markets leads to insufficient industrial specialization and a depressed volume of goods trade. As international portfolio diversification is limited and productivity is uncertain, investors wish to maintain a diversified industrial structure, not specializing according to their comparative a...
متن کاملEconometrics and Metaheuristic Optimization Approaches to International Portfolio Diversification
Using advanced techniques of econometrics and a metaheuristic optimization approach, this study attempts to evaluate the potential advantages of international portfolio diversification for East Asian international investors when investing in the Middle Eastern emerging markets. Overall, the results of both econometric and the metaheuristic optimization methods are supporting each other. Finding...
متن کاملLoan Portfolio Diversification, Market Structure and Financial Stability of Banks
The purpose of this study is to investigate the effect of bank loan portfolio diversification and market structure on the financial stability of banks in the countrychr('39')s capital market. In order to achieve the above goal, the financial data of 17 banks have been used as unbalanced panels in the period from 2005 to 2018. In this study, data analysis was performed using fixed effects model...
متن کاملInvestor Protection , Diversification , Investment , and Tobin ’ s q ∗
We develop a dynamic incomplete-markets model where an entrenched insider, facing imperfect investor protection and non-diversifiable illiquid business risk, makes interdependent consumption, portfolio choice, expropriation, corporate investment, ownership, and business exit decisions. Unlike in the first-best, the insider’s tradeoff between private benefits and under-diversification costs lead...
متن کاملeconometrics and metaheuristic optimization approaches to international portfolio diversification
using advanced techniques of econometrics and a metaheuristic optimization approach, this study attempts to evaluate the potential advantages of international portfolio diversification for east asian international investors when investing in the middle eastern emerging markets. overall, the results of both econometric and the metaheuristic optimization methods are supporting each other. finding...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2017
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2016.11.004