The Rise in Comovement Across National Stock Markets : Market Integration or Global Bubble? /

The degree of comovement across national stock markets has increased dramatically since the mid-1990s. This has overturned a stylized fact in the international portfolio diversification literature that diversifying across countries is more effective for risk reduction than diversifying across indust...

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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, 2002.
Serija:IMF Working Papers; Working Paper ; No. 2002/147
Online pristup:Full text available on IMF