[Abstract]: This paper constructs the float adjusted measure of home bias and explores the determinants of Australia’s equity home bias by employing the International Monetary Fund’s high quality dataset (2001 to 2005) on cross border equity investment. On the empirical front, the paper...

[Abstract]: The rapid increase in international capital flows is one of the most significant developments in the global economy in recent decades. International portfolio diversification brings potential benefits to investors by offering investors the opportunity to insulate their portfolios...

This paper focuses on the dynamics of international financial integration for a set of 13 industrial countries1 including Australia over the period 1990 to 2003 by analysing data on the level and composition of foreign assets and liabilities. The objective of the study is to provide insights...

In this article, we analyse the geography ofAustralia’s international portfolio investmentusing the International Monetary Fund’s CoordinatedPortfolio Investment Survey dataset.Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national...

[Abstract]: Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national income almost doubledbetween 1997 and 2001. However, Australia’sinternational investment position as a percentageof national income is one of the lowestamongst the major...