Forecast processes and methodologies: results of the 2023 special survey - Survey conducted on the occasion of the 25th anniversary of the ECB SPF
Stock market development and familiarity (language and distance) are considered key determinants for home bias.
- Stock market development and familiarity (language and distance) are considered key determinants for home bias.
- The literature neglects however that investors often invest in foreign funds domiciled in financial centers.