Zhodnocení Home Bias v České republice

Abstract

The aim of the master thesis is to evaluate the home bias in the Czech Republic. In the theoretical part describes the institutional and behavioural factors that can explain the existence of home bias. Methodological part of the work is devoted to the description of the models of the optimal investment portfolio and the characteristics of each stock indices. The practical part is focused on the assessment of the assessment of the degree of integration of the Czech stock market with selected foreign markets. On the basis of the results of optimal balance is built the optimal investment portfolio. This model is compared with the data from the OECD financial accounts statistics to evaluate the home bias in the Czech Republic.