International Portfolio Investment PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download International Portfolio Investment PDF full book. Access full book title International Portfolio Investment.

Capital Controls and International Portfolio Theory

Capital Controls and International Portfolio Theory
Author: Ms.Marjorie B. Rose
Publisher: International Monetary Fund
Total Pages: 24
Release: 1990-06-01
Genre: Business & Economics
ISBN: 1451970579

Download Capital Controls and International Portfolio Theory Book in PDF, ePub and Kindle

This paper examines the effects of capital controls on asset prices. A closed-form valuation model by Eun and Janakirimanan (1986) is extended to analyze the impact of three restrictions on international portfolio investment: a percentage quantity constraint on the amount of foreign securities a domestic resident may hold in her portfolio; a constraint on the absolute amount of foreign securities a domestic resident may hold; and a percentage tax on the domestic purchase price of a foreign security. Comparative statics and numerical analysis are used to reveal the effects of these distortions on domestic and world equilibrium prices.


The Determinants of International Portfolio Holdings and Home Bias

The Determinants of International Portfolio Holdings and Home Bias
Author: Shujing Li
Publisher: International Monetary Fund
Total Pages: 32
Release: 2004-02
Genre: Business & Economics
ISBN:

Download The Determinants of International Portfolio Holdings and Home Bias Book in PDF, ePub and Kindle

Despite the liberalization of foreign portfolio investment around the globe since the early 1980s, the home-bias phenomenon is still found to exist. Using a relatively new IMF survey dataset of cross-border equity holdings, this paper tests new structural equations from a consumption-based asset-pricing model on international portfolio holdings. Using of stock data allows us to provide new and clear-cut evidence on the determinants of international portfolio holdings. The empirical results show that an augmented gravity model performs remarkably well. The results indicate that market size, transaction cost, and information asymmetry are major determinants of cross-border portfolio choice. These findings shed light on alternative theories of international portfolio holdings, especially on the transaction and information cost-based explanations of home bias.


International Portfolio Investment

International Portfolio Investment
Author: Söhnke M. Bartram
Publisher:
Total Pages: 124
Release: 2019
Genre:
ISBN:

Download International Portfolio Investment Book in PDF, ePub and Kindle

At first sight, the idea of investing internationally seems exciting and full of promise because of the many benefits of international portfolio investment. By investing in foreign securities, investors can participate in the growth of other countries, hedge their consumption basket against exchange rate risk, realize diversification effects and take advantage of market segmentation on a global scale. Even though these advantages might appear attractive, the risks of and constraints for international portfolio investment must not be overlooked. In an international context, financial investments are not only subject to currency risk and political risk, but there are many institutional constraints and barriers, significant among them a host of tax issues. These constraints, while being reduced by technology and policy, support the case for internationally segmented securities markets, with concomitant benefits for those who manage to overcome the barriers in an effective manner.


Coordinated Portfolio Investment Survey Guide (Third Edition)

Coordinated Portfolio Investment Survey Guide (Third Edition)
Author: Venkat Josyula
Publisher: International Monetary Fund
Total Pages: 145
Release: 2018-09-21
Genre: Business & Economics
ISBN: 1484331893

Download Coordinated Portfolio Investment Survey Guide (Third Edition) Book in PDF, ePub and Kindle

This third edition of the Coordinated Portfolio Investment Survey Guide has been prepared to assist economies that participate or are preparing to participate in the Coordinated Portfolio Investment Survey (CPIS). It builds on and updates the second edition of the CPIS Guide (2002) to reflect the adoption of the Balance of Payments and International Investment Position Manual, sixth edition (BPM6) as the standard framework for compiling cross-border position statistics.


Coordinated Portfolio Investment Survey Guide (second edition)

Coordinated Portfolio Investment Survey Guide (second edition)
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 167
Release: 2002-05-10
Genre: Business & Economics
ISBN: 1589060938

Download Coordinated Portfolio Investment Survey Guide (second edition) Book in PDF, ePub and Kindle

This paper reviews the coordinated portfolio investment survey (CPIS) guide. The objectives of CPIS are to collect comprehensive information, with geographical detail on the country of residence of the issuer, on the stock of cross-border equities, long-term bonds and notes, and short-term debt instruments for use in the compilation or improvement of international investment position statistics on portfolio investment capital. This paper discusses the scope and modalities of the CPIS. It also presents key findings of the 1997 CPIS and 2001 CPIS.


Foreign Portfolio Investments in the United States

Foreign Portfolio Investments in the United States
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on International Finance and Resources
Publisher:
Total Pages: 58
Release: 1976
Genre: Government publications
ISBN:

Download Foreign Portfolio Investments in the United States Book in PDF, ePub and Kindle