NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Home Bias in Open Economy Financial Macroeconomics

Nicolas Coeurdacier, Hélène Rey

NBER Working Paper No. 17691
Issued in December 2011

---- Acknowledgements -----

Ebrahim Rahbari, Nelson Costa-Neto and Francesca Monti provided excellent research assistance. Coeurdacier thanks the Chaire d’Excellence de l’Agence Nationale pour la Recherche for financial support. Rey gratefully acknowledges the European Research Council grant number 210584 on ”Countries’ external balance sheets, dynamics of international adjustment and capital flows” for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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