01859cas a2200253 a 4500 AALejournalIMF014365 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475543759 1018-5941 BD-DhAAL BD-DhAAL Brushko, Iuliia. The Role of Country Concentration in the International Portfolio Investment Positions for the European Union Members / Iuliia Brushko, Yuko Hashimoto. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the international portfolio flows of European Union. Our analysis includes three dimensions: (1) the level of countries portfolio investment concentration (those who invest evenly among counterparties versus those who invest more heavily in some counterparties); (2) the share of total portfolio investment assets invested at the destination; and (3) pre- and during the crisis periods. We find that portfolio investment positions respond differently to macroeconomic variables depending on the level of investment concentration and the share of invested assets. In particular, variables of health of the financial system become important determinants for portfolio investment during the crisis. Mode of access: Internet Hashimoto, Yuko. IMF Working Papers; Working Paper ; No. 2014/074 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/074/001.2014.issue-074-en.xml IMF e-Library