Lin, Chih-Ling; Wang, Ming-Chieh; Gau, Yin-Feng - In: Applied Economics 39 (2007) 12, pp. 1511-1529
This study examines the predictability of expected excess returns from eight emerging bond markets within an international asset pricing framework. Two sets of instruments are used, which include both world and local factors, to forecast emerging bond returns. Besides investigating the influence...