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International Diversification of Investment Portfolios
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International Diversification of Investment Portfolios (1970)International Diversification of Investme…SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION* (1965)SECURITY PRICES, RISK, AND MA…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Global financial crisis, extreme interdependences, and contagion effects: The role of economic structure? (2010)Global financial crisis, extr…International comovement of stock market returns: A wavelet analysis (2009)International comovement of s…The theoretical rationale for a multinationality-performance relationship (2007)The theoretical rationale for…What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide (2005)What Determines the Domestic …Systemic Risk and International Portfolio Choice (2004)Systemic Risk and Internation…Portfolio Selection and Asset Pricing Models (2000)Portfolio Selection and Asset…A vector error correction model of the Singapore stock market (2000)A vector error correction mod…Home Bias in Equity Portfolios, Inflation Hedging, and International Capital Market Equilibrium (1994)Home Bias in Equity Portfolio…Does industrial structure explain the benefits of international diversification? (1994)Does industrial structure exp…International stock market linkages: Evidence from the pre- and post-October 1987 period (1993)International stock market li…International Portfolio Diversification with Estimation Risk (1985)International Portfolio Diver…The Effects of International Operations on the Market Value of the Firm: Theory and Evidence (1981)The Effects of International …Determinants of foreign direct investment: A survey (1980)Determinants of foreign direc…Why Not Diversify Internationally Rather Than Domestically? (1974)Why Not Diversify Internation…International capital market equilibrium with investment barriers (1974)International capital market …THE DETERMINANTS OF INTERNATIONAL PRODUCTION 1 (1973)THE DETERMINANTS OF INTERNATI…Portfolio Selection: Efficient Diversification of Investments. 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(2011)… and the Cross-Section of Expected Returns (2015)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Common risk factors in the returns on stocks and bonds (1993)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)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)
this work references cited by second hop

References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1965SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*2,451 cited

Cited by

  • 1974Why Not Diversify Internationally Rather Than Domestically?899 cited
  • 2005What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide893 cited
  • 2009International comovement of stock market returns: A wavelet analysis843 cited
  • 1994Does industrial structure explain the benefits of international diversification?746 cited
  • 1973THE DETERMINANTS OF INTERNATIONAL PRODUCTION 1726 cited
  • 1985International Portfolio Diversification with Estimation Risk672 cited
  • 1994Home Bias in Equity Portfolios, Inflation Hedging, and International Capital Market Equilibrium671 cited
  • 2000Portfolio Selection and Asset Pricing Models611 cited
  • 1980Determinants of foreign direct investment: A survey609 cited
  • 1993International stock market linkages: Evidence from the pre- and post-October 1987 period561 cited
  • 2010Global financial crisis, extreme interdependences, and contagion effects: The role of economic structure?559 cited

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  • 1974International capital market equilibrium with investment barriers551 cited
  • 2000A vector error correction model of the Singapore stock market446 cited
  • 2007The theoretical rationale for a multinationality-performance relationship415 cited
  • 2004Systemic Risk and International Portfolio Choice405 cited
  • 1981The Effects of International Operations on the Market Value of the Firm: Theory and Evidence382 cited