Univariate normality tests are typically classified into tests based on empirical distribution, moments, regression and correlation, and other. In this paper, power comparisons of nine normality tests based on measures of moments via the Monte Carlo simulations is extensively examined. The...

The financial market and its instruments are subject to numerous studies all over the world. Special attention is duly earned by the multifaceted research and analysis of the behavior of rates of return on shares, as well as shares' other statistical properties including the beta parameter....

This book presents the economic foundation of international equity investments providing a practical guide to invest in international equity exchange-traded funds (ETFs). It shows how to gain exposure to foreign stock markets through both theoretical foundations of international diversification...

Safe assets are recognized as being the cornerstone of contemporary financial systems. Due to financial globalization and massive international capital flows, they transformed into global safe assets, meaning that both demand and supply sides can be created by international investors. The...

Part I. International Investments -- Chapter 1. The Economics of the International Market; Chapter 2. Portfolio Theory and International Diversification -- Part II. Fundamentals of Exchange-Traded Funds -- Chapter 3. The Basics of Exchange-Traded Funds -- Chapter 4. The Operation and...