Portfolio Choices with Near Rational Agents: A Solution of Some International-Finance Puzzles
NBER Working Paper No. 13173
---- Acknowledgements ----
I am grateful to Anastasios Karantounias, Salvatore Nisticó, Matteo Pignatti and Laura Veldkamp for helpful discussions and comments and to seminar partecipants at EIEF, Universitá Bocconi, Universitat Pompeu Fabra and at the NBER IFM Meeting. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.