The Role of Information Asimmetries and Inflation Hedging in International Equity Portfolios

Maela Giofre' ()

MPRA Paper from University Library of Munich, Germany

Abstract: We investigate the role of information asymmetries and inflation hedging in shaping international equity portfolios. We confirm, in a multinational setting, Cooper and Kaplanis (1994) result of no inflation hedging motive driving investors' behavior and find evidence of a crucial role for financial market development and trade linkages.

Keywords: equity home bias; portfolio choice; inflation hedging; information asymmetries (search for similar items in EconPapers)
JEL-codes: F21 F30 F36 G11 G15 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-cta
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/13925/2/MPRA_paper_13925.pdf original version (application/pdf)

Related works:
Journal Article: The role of information asymmetries and inflation hedging in international equity portfolios (2009)
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:pra:mprapa:13925

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().