Winner-Loser Reversals in National Stock Market Indices : Can they Be Explained? /

This paper examines possible explanations for 'winner-loser reversals' in the national stock market indices of 16 countries. There is no evidence that loser countries are riskier than winner countries either in terms of standard deviations, covariance with the world market or other risk fa...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Richards, Anthony
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1997.
Reeks:IMF Working Papers; Working Paper ; No. 1997/182
Online toegang:Full text available on IMF