Institutional Investors and Asset Pricing in Emerging Markets /
This paper presents a new theory of asset pricing intended to address why other developing country equity markets responded so strongly to the Mexican devaluation, while the world's major stock markets were unmoved. This phenomenon can be explained if investors follow a two-step portfolio alloc...
| Κύριος συγγραφέας: | |
|---|---|
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 1996/002 |
| Διαθέσιμο Online: | Full text available on IMF |