Shum, Wai Cheong; Tang, Gordon Y.N. - In: Chinese Economy 43 (2010) 5, pp. 15-31
Brazil, Russia, India, and China (BRIC), the most rapidly developing countries in the twenty-first century, are expected to become the four dominant economies by the year 2050. This paper examines the risk and return characteristics of their stock markets over the past few years. The markets in...