Showing 161 - 170 of 159,336
Aufstrebende Kapitalmärkte (Emerging Capital Markets) erhalten seit der Jahrtausendwende wieder zunehmende Kapitalzuflüsse von internationalen Portfolioinvestoren. Für diese Entwicklung können zwei Hauptgründe angeführt werden. Zum einen sind aufstrebende Kapitalmärkte auf Grund ihres...
Persistent link: https://www.econbiz.de/10013464286
This paper analyzes the determination of global equity portfolios and stock returns in the context of imperfectly integrated stock markets. We consider a continuous-time, two-country endowment economy, where the level of financial integration is captured by a proportional tax on foreign...
Persistent link: https://www.econbiz.de/10013030844
Persistent link: https://www.econbiz.de/10000909068
The euro area remains in a state of flux and appears to be unsustainable in its present form. The outcome of the crisis may be unknown for years and a judgement on the project’s success or failure may be out of reach for decades.In the meantime, analysts, portfolio managers and traders will...
Persistent link: https://www.econbiz.de/10011829586
This paper defines financial market spillovers as the comovement between two countries’ financial markets and analyzes financial market spillovers over the period 2001-12 through four channels: bilateral portfolio investment, bilateral trade, home bias, and country concentration. The paper...
Persistent link: https://www.econbiz.de/10014411677
Persistent link: https://www.econbiz.de/10014635916
Persistent link: https://www.econbiz.de/10003635162
Persistent link: https://www.econbiz.de/10003767581
Persistent link: https://www.econbiz.de/10003281083