Add to ORKGThis paper investigates the systematic covariation in equity prices among US and Asia-Pacific countries during the 1980s by employing the statistical technique of factor analysis. Our results suggest that if US investors and portfolio managers were to select a large and well developed market for risk diversification, then USA, Taiwan and Japan would be appropriate. The final choice depends very much on the risk-return preference of individual investors.portfolio selection diversification factor analysis factor loading
This paper concerns the gains from international trade in risky assets, with an application to the U...
Rationale investors are risk averse and therefore tend to avoid risk. According to the Investment T...
Three types of foreign equities traded in the U.S. capital markets—American Depository Receipts, Dir...
Purpose: The purpose of this paper is to investigate the relationships between stock market returns ...
This study looks at international p01tfolio diversification of the Asia-Pacific, and is based on ...
We undertake a decomposition of the risk factor loadings of fifteen national stock market returns fr...
We examine the relative importance of country, industry, world market and currency risk factors for ...
We examine the relative importance of country, industry, world market and currency risk factors for ...
AbstractOne of the most intriguing and debated issues in portfolio theory are the interrelationships...
The existence of country-specific risk factors that could be mitigated by international investments ...
This Paper looks at the determinants of country- and industry-specific factors in international port...
I examine interdependencies between the national stock markets of the US, the UK, Japan and Australi...
This paper examines the behavior of the monthly and daily correlation coefficients and co-variances ...
As world financial markets are integrated, national stock markets tend to move together. Empirical e...
This paper adds a country specific point of view on diversification among financial markets. Previou...
This paper concerns the gains from international trade in risky assets, with an application to the U...
Rationale investors are risk averse and therefore tend to avoid risk. According to the Investment T...
Three types of foreign equities traded in the U.S. capital markets—American Depository Receipts, Dir...
Purpose: The purpose of this paper is to investigate the relationships between stock market returns ...
This study looks at international p01tfolio diversification of the Asia-Pacific, and is based on ...
We undertake a decomposition of the risk factor loadings of fifteen national stock market returns fr...
We examine the relative importance of country, industry, world market and currency risk factors for ...
We examine the relative importance of country, industry, world market and currency risk factors for ...
AbstractOne of the most intriguing and debated issues in portfolio theory are the interrelationships...
The existence of country-specific risk factors that could be mitigated by international investments ...
This Paper looks at the determinants of country- and industry-specific factors in international port...
I examine interdependencies between the national stock markets of the US, the UK, Japan and Australi...
This paper examines the behavior of the monthly and daily correlation coefficients and co-variances ...
As world financial markets are integrated, national stock markets tend to move together. Empirical e...
This paper adds a country specific point of view on diversification among financial markets. Previou...
This paper concerns the gains from international trade in risky assets, with an application to the U...
Rationale investors are risk averse and therefore tend to avoid risk. According to the Investment T...
Three types of foreign equities traded in the U.S. capital markets—American Depository Receipts, Dir...