Boubakri, Salem; COUHARDE, Cécile; RAYMOND, Helene - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2014
The aim of this article is to study the dynamics of financial integration and of the risk premia in emerging markets. Accordingly, we estimate a variant of the International Asset Pricing Model (IAPM) developed by Errunza and Losq (1985) and Carrieri et al. (2007), allowing for time-varying...
