The risk exposure of emerging equity markets

作者: Campbell R. Harvey

DOI: 10.1093/WBER/9.1.19

关键词:

摘要: The low correlation between returns in emerging equity markets and industrial implies that the global investor would benefit from diversification markets. This article explores sensitivity of emerging-market to measures economic risk. When these traditional risk are used, have little or no sensitivity. finding is consistent with markets' being segmented world capital However, factors appears be changing over time.

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