The holders and issuers of international portfolio securities

Vahagn Galstyan, Philip Lane, Caroline Mehigan and Rogelio Mercado

Journal of the Japanese and International Economies, 2016, vol. 42, issue C, 100-108

Abstract: Research on the geographical distribution of international portfolios has mainly focused on data aggregated to the country level. We exploit newly-available data that disaggregates the holders and issuers of international securities along sectoral lines. We find that patterns evident in the aggregate data do not uniformly apply across the various holding and issuing sectors, such that a full understanding of cross-border portfolio positions requires granular-level analysis.

Keywords: International portfolios; International capital flows; Gravity models (search for similar items in EconPapers)
JEL-codes: F30 F41 G15 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0889158316300260
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Holders and Issuers of International Portfolio Securities (2016)
Chapter: The Holders and Issuers of International Portfolio Securities (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jjieco:v:42:y:2016:i:c:p:100-108

DOI: 10.1016/j.jjie.2016.08.001

Access Statistics for this article

Journal of the Japanese and International Economies is currently edited by Takeo Hoshi

More articles in Journal of the Japanese and International Economies from Elsevier
Bibliographic data for series maintained by Catherine Liu ().