Coakley, J.; Kougoulis, P.; Nankervis, J. C. - In: Applied Financial Economics 18 (2008) 16, pp. 1277-1287
Major changes to the MSCI Canada Standard Country index were announced and implemented in May 2000. This rebalancing involved the addition of some 17 and deletion of 13 stocks and had the net effect of increasing the market capitalization by US$50 billions. We investigate the associated changes...