Firm-Level Evidenceon International Stock Market Comovement /

We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific sho...

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Bibliografski detalji
Glavni autor: Brooks, Robin
Daljnji autori: Del Negro, Marco
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2003.
Serija:IMF Working Papers; Working Paper ; No. 2003/055
Online pristup:Full text available on IMF

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