Winner-Loser Reversals in National Stock Market Indices : Can they Be Explained? /

This paper examines possible explanations for 'winner-loser reversals' in the national stock market indices of 16 countries. There is no evidence that loser countries are riskier than winner countries either in terms of standard deviations, covariance with the world market or other risk fa...

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Xehetasun bibliografikoak
Egile nagusia: Richards, Anthony
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1997.
Saila:IMF Working Papers; Working Paper ; No. 1997/182
Sarrera elektronikoa:Full text available on IMF