Country and Industry Dynamics in Stock Returns /
A perennial question in international finance is to what extent stock returns are influenced by country-location, as opposed to industry-affiliation, factors. This paper develops a novel methodology to measure these effects, in which portfolios mimicking "pure" country and industry factors...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2003.
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Series: | IMF Working Papers; Working Paper ;
No. 2003/052 |
Online Access: | Full text available on IMF |