{"product_id":"9780226260013-the-internationalization-of-equity-mark","title":"The Internationalization of Equity Markets","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eThis volume addresses important trends in the internationalization of equity markets. Essays examine such issues as: the current extent of international market integration; gains to US investors through international diversification; and the behaviour of country funds.\u003cbr\u003eThis volume addresses three important recent trends in the internationalization of equity markets. These trends are: extensive market integration through foreign investment and links among stock prices around the world; increasing securitization of other markets at the expense of banks; and the opening of national financial systems of newly industrializing countries to international financial flows and institutions. Eight essays examine such issues as: the current extent of international market integration; gains to US investors through international diversification; home-country bias in investing; the role of time and location around the world in stock-trading; and the behaviour of country funds. Other long-standing questions about equity markets are also addressed, including market efficiency and the accuracy of models of expected returns, with a particular focus on variances, covariances and the price of risk according to the Capital Asset Pricing Model.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":57595029225846,"sku":"9780226260013","price":121.84,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/stand_40626650.jpg?v=1775713412","url":"https:\/\/www.rarewaves.com\/products\/9780226260013-the-internationalization-of-equity-mark","provider":"Rarewaves.com","version":"1.0","type":"link"}