Sources Of Variability In Global Equity Returns
نویسندگان
چکیده
منابع مشابه
Sources of risk and expected returns in global equity markets
This paper empirically examines multifactor asset pricing models for the returns and expected returns on eighteen national equity markets. The factors are chosen to measure global economic risks. Although previous studies do not reject the unconditional mean variance efficiency of a world market portfolio, our evidence indicates that the tests are low in power, and the world market betas do not...
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ژورنال
عنوان ژورنال: International Business & Economics Research Journal (IBER)
سال: 2010
ISSN: 2157-9393,1535-0754
DOI: 10.19030/iber.v9i9.629