| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089784 | Journal of Banking & Finance | 2012 | 10 Pages |
Abstract
⺠We investigate the downside risk exposure of international stock returns. ⺠International value stocks are sensitive to market's permanent downside shocks. ⺠International growth stocks are sensitive to market's temporary downside shocks. ⺠Downside cash-flow risk carries a premium.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Victoria Galsband,