Adjaoute, Kpate; Danthine, Jean-Pierre - In: Applied Financial Economics 14 (2004) 17, pp. 1225-1231
Diversification opportunities in Euro-land appear to have improved significantly since the advent of the euro, thus invalidating the prospects identified in the last years of the convergence-to-EMU period. Low frequency movements in the time series of return dispersions are identified suggestive...