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 factors, or...
| Main Authors: | , |
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| Corporate Author: | |
| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, European II Dept.,
©1997
Washington, D.C. : International Monetary Fund, 1997 |
| Series: | IMF Working Papers ;
Working Paper No. 97/182 IMF eLibrary IMF working paper ; WP/97/182 |
| Subjects: |