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The aim of this paper is to investigate the behaviour of international equity returns and correlations using the discrete-time Markov-switching model and the impact of this behaviour on international portfolio choices. We take the perspective of a US-based global investor who considers...
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institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the … opportunities for empirical work that have recently emerged with the growing availability of data in the field of green investments …
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