Gudgeon 发表于 2025-3-23 09:46:53
Rethinking emerging market equitiesrdless of economic policies or performance. The contagion effect was clear, and much commented on, if not fully explainable by either theory or past experience. Other Latin American equity markets, being close to ground zero, universally declined by 15–30% in less than a month, as did markets in AsiBLANK 发表于 2025-3-23 16:28:30
The behavior of emerging market returnse persisted in the period ending March 1996 but, at the same time, document how some salient characteristics of emerging markets vary through time. Finally, we offer some ideas on the forces that drive the cross-section of returns, volatility, skewness, kurtosis and correlation in emerging markets aprostatitis 发表于 2025-3-23 21:04:43
Cross-listing, segmentation and foreign ownership restrictionse equity issues in Mexico differentiate between foreign and domestic investors, permitting tests of hypotheses about the effects of cross-listing on different shareholder classes. For shares open to foreign ownership, ADR introduction is associated with higher volatility unrelated to volume and lowe不容置疑 发表于 2025-3-24 00:08:00
Risk in emerging markets revisited results, because of their immediate implications for international investors. Such findings have been reported in a stream of papers, including those of Errunza and Losq (1985) and Harvey (1995). In parallel, practitioners have generally advocated EMs on the basis of their performance. For instance刻苦读书 发表于 2025-3-24 04:00:13
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Determinants of emerging market correlationstization and capital account liberalization have boosted the supply of assets available to foreign investors. Substantial improvement in market institutions, ranging from insider trading regulations to efficient settlement and registration mechanisms, have reduced micro-risk, while more stable macroCleave 发表于 2025-3-24 22:28:38
http://reply.papertrans.cn/31/3083/308296/308296_19.pngSpinous-Process 发表于 2025-3-24 23:32:33
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