Home Bias Puzzle Research Paper Example | Topics and Well Written Essays - 750 words

Home Bias Puzzle - Research Paper Example This is due to the fact that changes in the domestic economic environment are less likely to affect the investments in international markets. Jeske (2001, p. 37) explains that portfolios which are invested outside the domestic market are not considered to be risky because the risk of the investment is distributed in several markets. The reasons why the home bias is common among investors raise puzzles among economists. This paper analyzes the explanations for home bias and evaluates the reason why it is convincing, which makes it a continuous phenomenon in finance and investment economics. There are various barriers to the flow of capital across nations due to less or lack of economic integration. Sendi and Bellalah (2010, p. 78) assert that this explains the home bias of investors. The economic barriers include restrictive economic laws, high information costs, international taxation, high transaction costs and political boundaries which affect foreign investment. This illustrates t hat investment in foreign equities is costly to the investors and their propensity for domestic investment. These barriers seem convincing as a valid justification for home bias. However, the home bias puzzle continues because the bias continues even after the removal of these restrictions in the modern global economy. Shikuan and Cheng-Da (2011, p. 1

Critically examine the characteristics,tactics, opponents and policy Essay

Critically examine the characteristics,tactics, opponents and policy impact of the NRA(National Riffle Assoc) - interest group operating in the USA today - Essay Example These include army officers, police officers and sheriffs while they also participate in occasions meant to compete in shooting skills. The organization has set programs meant to keep off violent criminals’ incorporation with the law. These programs include CrimeStrike that was introduced in order to eliminate gangs and other unwanted people from the streets of America and be convicted as per the crimes they commit. The other program introduced is the Eddie Eagle meant for children that creates public awareness on the importance of observing the laws stipulated against possession of guns and how to protect one self. This program gives warnings such as Stop or Don’t Touch signs put at places where these guns are kept in the house. Other programs educate adults such as skilled hunters, shooters and people who possess ammunition for the sake of their safety such as security gourds. Most foreigners have been surprised by the way most Americans prefer to own guns. Antagonists view the Second Amendment as stated by the constitution on the ownership of guns as a cause for the problem. The statement reads that as well as a military officer lawfully allowed to posses a gun, then owning guns has to be a right to all and must not be prohibited. There have been recent debates on ways of controlling guns to the public but this has brought no change in US we daily find shooting cases on the media. This evidence shows that there is a very strong correlation between violence and accessibility of ammunitions. Some federal laws initiated in 1970s due to the assassinations of high people in government for instance Martin Luther King. Later other policies were also set up as a result of several assassination cases. It is for these reasons that Brandy Bill has to take time while issuing out guns to the public. This helps to analyse the