NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

The Holders and Issuers of International Portfolio Securities

Vahagn Galstyan, Philip R. Lane, Caroline Mehigan, Rogelio Mercado

NBER Working Paper No. 22466
Issued in July 2016
NBER Program(s):International Finance and Macroeconomics

Research on the geographical distribution of international portfolios has mainly focused on data aggregated to the country level. We exploit newly-available data that disaggregates the holders and issuers of international securities along sectoral lines. We find that patterns evident in the aggregate data do not uniformly apply across the various holding and issuing sectors, such that a full understanding of cross-border portfolio positions requires granular-level analysis.

download in pdf format
   (594 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w22466

Published:

Users who downloaded this paper also downloaded* these:
Benati, Lucas, Nicolini, and Weber w22475 International Evidence on Long Run Money Demand
Brunnermeier, Garicano, Lane, Pagano, Reis, Santos, Thesmar, Van Nieuwerburgh, and Vayanos w21993 The Sovereign-Bank Diabolic Loop and ESBies
Brunnermeier and Sannikov w22533 The I Theory of Money
Cochrane w22485 Macro-Finance
Farhi and Maggiori w22295 A Model of the International Monetary System
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us