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Understanding ‘Home Bias’ in the Global Stock Market
Stock price data for a set of Chinese firms highlight the effects of information asymmetry created by differences in social trust between local and foreign investors. More »
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#financial markets
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Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost
Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies. More »