کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5089750 1375604 2012 21 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An international CAPM for partially integrated markets: Theory and empirical evidence
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
An international CAPM for partially integrated markets: Theory and empirical evidence
چکیده انگلیسی
► We propose a theoretical testable ICAPM for partially segmented markets. ► The degree of stock market integration is found to vary through time. ► Most of the sample emerging markets have become more integrated recently. ► The relative size of the local risk premium for emerging markets has decreased. ► The total risk premium for developed countries is largely driven by global factors.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Banking & Finance - Volume 36, Issue 9, September 2012, Pages 2473-2493
نویسندگان
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