International Securities: Vol. 1 (International Library of Critical Writings in Financial Economics No. 9)

International Securities: Vol. 1 (International Library of Critical Writings in Financial Economics No. 9)

By: George C. Philippatos (editor), Gregory D. Koutmos (editor)Hardback

1 - 2 weeks availability


The world of finance has been revolutionized in the last 20 years by factors such as the liberalization and subsequent integration of global financial markets and the advances in computing and communications technology. The important changes here have led to a stream of financial innovations and theoretical breakthroughs in the area of pricing diverse financial instruments. More than ever before, we witness a process where international securities are traded in a global marketplace. This comprehensive collection encompasses the most recent contribution in the area of international securities. It includes the most important articles on current issues and future developments in this key area of international finance. It should be a useful source of reference to researchers, students and practitioners alike.

Create a review


Volume 1: Part 1 International equities: twenty years of international equity investing, Richard O. Michaud et al; international asset pricing and portfolio diversification with time-varying risk, Giorgio De Santis and Bruno Gerard; asymmetric volatility and risk return tradeoff in foreign stock markets, Gregory Koutmos; industrial structure and the comparative behaviour of international stock market indices, Richard Roll; a model of international asset pricing with a constraint on the foreign equity ownership, Cheol S. Eun and S. Janakiramanan; arbitrage asset pricing under exchange risk, Shinsuke Ikeda; macroeconomic variables as common pervasive risk factors and the empirical content of the arbitrage pricing theory, Antonios Antiniou et al. Part 2 International diversification and portfolio management: synthetic international diversification, Philippe Jorion and Leonid Roisenberg; US-based international mutual funds - a performance evaluation, Cheol S. Eun et al; internationally diversified investment using an integrated portfolio model, Hiroshi Konno and Jing Li; on the performance of hedge funds, Bing Liang; the arbitrage pricing theory approach to strategic portfolio planning, Richard Roll and Stephen A. Ross. Part 3 Security cross listings and multinationals: risk, return and international investment by US corporations, Richard A. DeFusco et al; the effect of corporate multinationalism on shareholders' wealth - evidence from international acquisitions, John Doukas and Nickolaos G. Travlos; economic exchange rate exposure of US-based MNCs operating in Europe, Anna D. Martin et al; ADRs - a substitute for the real thing, Dennis T. Officer and J. Ronald Hoffmeister; an empirical test of the efficiency of the ADR market, Leonard Rosenthal; differences in factor structures between US multinational and domestic corporations - evidence from bilinear paradigm tests, Richard A. DeFusco et al; the impact of international listings on risk - implications for capital market integration, John S. Howe and Jeff Madura; an examination of international equity markets using American depositary receipts, Shelly E. Webb et al. Part 4 International fixed income securities: time varying risk premia in Eurocurrency rates, Gregory Koutmos; the term structure spread and future changes in long and short rates in the G7 countries - is there a puzzle?, Gikas A. Hardouvelis; inflation-indexed bonds - the dog that didn't bark, Richard W. Kopcke and Ralph C. Kimball; international interest rate convergence - a survey of the issues and evidence, Charles Piggott; the term structure of Euro interest rates and rational expectations, Peter Kugler. Part 5 Foreign exchange markets: the foreign exchange risk premium - is it real?, Craig S. Hakkio and Anne Sibert; the world price of foreign exchange risk, Bernard Dumas and Bruno Solnik; currency boards - once and future monetary regimes?, Richard W. Kopcke; realignments of target zone exchange rate systems - what do we know?, Ch

Product Details

  • publication date: 28/08/2001
  • ISBN13: 9781840642759
  • Format: Hardback
  • Number Of Pages: 1224
  • ID: 9781840642759
  • weight: 2360
  • ISBN10: 1840642750

Delivery Information

  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
  • Courier Delivery: Yes
  • Store Delivery: Yes

Prices are for internet purchases only. Prices and availability in WHSmith Stores may vary significantly