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Stock returns and foreign investment in Brazil
12 references·0 citing·53 second hopsampled
Stock returns and foreign investment in Brazil (2010)Stock returns and foreign investment in B…Does financial liberalization spur growth? (2005)Does financial liberalization…The random walk hypothesis and the behaviour of foreign capital portfolio flows: the Brazilian stock market case (2003)The random walk hypothesis an…Forms of Foreign Investment Liberalization and Risk in Emerging Stock Markets (2002)Forms of Foreign Investment L…The portfolio flows of international investors (2001)The portfolio flows of intern…Selecting macroeconomic variables as explanatory factors of emerging stock market returns (2001)Selecting macroeconomic varia…Foreign Portfolio Equity Investments, Financial Liberalization, and Economic Development (2001)Foreign Portfolio Equity Inve…Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Stock Market Liberalization, …Further evidence on breaking trend functions in macroeconomic variables (1997)Further evidence on breaking …The Risk Exposure of Emerging Equity Markets (1995)The Risk Exposure of Emerging…Aggregate mutual fund flows and security returns (1995)Aggregate mutual fund flows a…A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)A Simple Model of Capital Mar…Economic Forces and the Stock Market (1986)Economic Forces and the Stock…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Framing of Decisions and the Psychology of Choice (1981)The Limits of Arbitrage (1995)Illiquidity and stock returns: cross-section and time-series effects (2002)The Cross‐Section of Volatility and Expected Returns (2006)An Intertemporal Capital Asset Pricing Model (1973)The arbitrage theory of capital asset pricing (1976)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Industry costs of equity (1997)Do Demand Curves for Stocks Slope Down? (1986)Permanent and Temporary Components of Stock Prices (1988)Investor Sentiment and the Closed-End Fund Puzzle (1991)Investor flows and the assessed performance of open-end mutual funds (1999)Why does IPO volume fluctuate so much? (2002)Short-Term Persistence in Mutual Fund Performance (2004)Economic Growth in a Cross Section of Countries (1989)Legal Determinants of External Finance (1997)Regulatory harmonization and the development of private equity markets (2007)Financial integration, economic instability and trade structure in emerging markets (2008)Financial Information Globalization and Foreign Investment Decisions (2012)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots (1991)Nonstationarity and Level Shifts With an Application to Purchasing Power Parity (1992)Introductory Econometrics for Finance (2008)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Drivers of Expected Returns in International Markets (2005)Patriotism in your portfolio (2010)A spatial analysis of international stock market linkages (2013)Economic Reform and the Process of Global Integration (1995)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)The World Price of Insider Trading (2002)Effects on Financial Globalization on Developing Countries: Some Empirical Evidence (2004)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)On the mechanics of economic development (1988)Law and Finance (1998)Financial Globalization: A Reappraisal (2006)Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Continuous Auctions and Insider Trading (1985)The impact of institutional trading on stock prices (1992)Mutual Fund Herding and the Impact on Stock Prices (1999)Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)Style investing (2003)Dynamic correlation analysis of financial contagion: Evidence from Asian markets (2007)The Varimax Criterion for Analytic Rotation in Factor Analysis (1958)Efficient Capital Markets: II (1991)Empirical relationship between macroeconomic volatility and stock returns: Evidence from Latin American markets (2006)Combined DEMATEL technique with a novel MCDM model for exploring portfolio selection based on CAPM (2010)Macro economy, stock market and oil prices: Do meaningful relationships exist among their cyclical fluctuations? (2010)
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References

  • 1987A Simple Model of Capital Market Equilibrium with Incomplete Information5,808 cited
  • 1986Economic Forces and the Stock Market5,258 cited
  • 1997Further evidence on breaking trend functions in macroeconomic variables2,035 cited
  • 2005Does financial liberalization spur growth?2,011 cited
  • 2000Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices1,385 cited
  • 2001The portfolio flows of international investors956 cited
  • 1995Aggregate mutual fund flows and security returns734 cited
  • 2001Selecting macroeconomic variables as explanatory factors of emerging stock market returns279 cited
  • 1995The Risk Exposure of Emerging Equity Markets214 cited
  • 2001Foreign Portfolio Equity Investments, Financial Liberalization, and Economic Development168 cited
  • 2003The random walk hypothesis and the behaviour of foreign capital portfolio flows: the Brazilian stock market case66 cited
  • 2002Forms of Foreign Investment Liberalization and Risk in Emerging Stock Markets27 cited

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