Diskontna stopa, pri ostalim nepromenjenim uslovima prinosnog modela procene,
predstavlja presudan faktor u proceni vrednosti kapitala primenom metode diskontovanja …

ABSTRACT CHOI, YOUNG-JIN. International Transmissions of Dynamic Portfolios and
Monetary Policy.(Under the direction of Doug Pearce and Nora Traum.) This dissertation …

In this paper, I claim that there are sound theoretical and empirical reasons to believe that
the valuation channel is unimportant for the sustainability of the American international debt …

Firms and investors often operate in environments with market imperfections and agency
frictions. It is common wisdom that the effects of these microeconomic frictions are amplifed …

The first chapter of this dissertation studies the determinants of foreign stocks holdings. The
household finances literature documents a large fraction of the population not participating …

Equity home bias is one of the most enduring puzzles in international finance. In this paper, I
start out by documenting a novel stylized fact about home bias: countries with weaker …