The Holders and Issuers of International Portfolio Securities
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.
Published Versions
The Holders and Issuers of International Portfolio Securities, Vahagn Galstyan, Philip Lane, Caroline Mehigan, Rogelio Mercado. in International Finance in the Global Markets, Aoki, Fukuda, Hoshi, and Kano. 2016
Vahagn Galstyan & Philip R. Lane & Caroline Mehigan & Rogelio Mercado, 2016. "The Holders and Issuers of International Portfolio Securities," Journal of the Japanese and International Economies, . citation courtesy of 
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