Aliu, Florin; Aliu, Fisnik; Nuhiu, Artor; Preniqi, Naim - In: Comparative economic research : Central and Eastern Europe 24 (2021) 4, pp. 85-104
The study addresses the benefits of a unified stock market in terms of diversification risk for the eight CEE stock markets. For this purpose, each stock market was treated as a separate portfolio based on the companies listed during 2018-2019. Portfolio diversification techniques were used to...