Australia's Bond Home Bias
Anil V. Mishra
Umaru B. Conteh
Review of Pacific Basin Financial Markets and Policies,
Coordinated portfolio investment survey, float bond home bias, quality of institutions, Arellano–Bover/Blundell–Bond, G15, G23
This paper constructs the float adjusted measure of home bias and explores the determinants of bond home bias by employing the International Monetary Fund's high quality dataset (2001 to 2009) on cross-border bond investment. The paper finds that Australian investors' p...