Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965014 | Journal of the Japanese and International Economies | 2011 | 15 Pages |
Abstract
⺠Empirical investigation of Asian holding of US long-term Treasury securities. ⺠Role of growing regional integration in trade as a threshold. ⺠Data confirms the striking persistency of the portfolio weight of US Treasury securities. ⺠Strong trade link with US explains observed overinvestment in US Treasury securities. ⺠Decreasing persistency found as intraregional trade link becomes tighter.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Akiko Terada-Hagiwara,