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This paper tests the cross-section implications of quot;keeping up with the Jonesesquot; (KUJ) preferences in an international setting. When agents have KUJ pre
Behavioral Finance: Where Do Investors' Biases Come From?
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This unique volume presents new original research exploring factors that lead to investors behavioral biases. It discusses how features such as professionalism,
The Impact of Keeping up with the Joneses Behavior on Asset Prices and Portfolio Choice
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This paper studies the asset pricing and portfolio choice implications of keeping up with the Joneses preferences. In terms of portfolio choice, we provide suff
Equity Home Bias in International Finance
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This book provides a comprehensive and critical analysis of research outcomes on the equity home bias puzzle – that people overinvest in domestic stocks relat
International Finance
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Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be di