Guidolin, Massimo (contributor); … - 2005
, Krannert School of Management at Purdue, Manchester Business School, University of Washington,
University of York (UK … international stock market returns.
Our sample estimates suggest that a US mean-variance investor with access to the US, UK … whoalsoconsidersUKstocks.However,
this hypothesis is strongly rejected when the US investor has access to both UK and German stocks.
2 …