International Financial Connection and Stock Return Comovement /

This paper studies whether bilateral international financial connection data help predict bilateral stock return comovement. It is shown that, when the United States is chosen as the benchmark, a larger U.S. portfolio investment asset position on the destination economy predicts a stronger stock ret...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Ando, Sakai
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2019.
סדרה:IMF Working Papers; Working Paper ; No. 2019/181
גישה מקוונת:Full text available on IMF