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Why empirical international portfolio models fail: evidence that model misspecification creates home asset bias
16 references·2 citing·40 second hop
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References

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  • 1977A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory3,006 cited
  • 1991Investor Diversification and International Equity Markets2,542 cited
  • 1992Global Portfolio Optimization1,846 cited
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  • 1986Integration vs. Segmentation in the Canadian Stock Market439 cited
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438 cited
  • 1992When Will Mean-Variance Efficient Portfolios be Well Diversified?355 cited
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    • 2001International Portfolio Investment: Theory, Evidence, and Institutional Framework29 cited
    • 2020Principal component analysis of financial statements. A compositional approach22 cited