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Risk Sharing and Asset Prices: Evidence from a Natural Experiment
16 references·16 citing·40 second hopsampled
Risk Sharing and Asset Prices: Evidence from a Natural Experiment (2004)Risk Sharing and Asset Prices: Evidence f…Why Doesn't Capital Flow from Rich to Poor Countries? (2017)Why Doesn't Capital Flow from…The information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)The information content of st…Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Stock Market Liberalization, …Foreign Speculators and Emerging Equity Markets (2000)Foreign Speculators and Emerg…Financial markets and the allocation of capital (2000)Financial markets and the all…Trying to Explain Home Bias in Equities and Consumption (1999)Trying to Explain Home Bias i…GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL (1999)GOLBALIZATION, CORPORATE FINA…Foundations of International Macroeconomics (1997)Foundations of International …Investor Diversification and International Equity Markets (1991)Investor Diversification and …Efficient Capital Markets: II (1991)Efficient Capital Markets: IIWhat Moves Stock Prices? (1988)What Moves Stock Prices?Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures (1986)Price and Volume Effects Asso…Do Demand Curves for Stocks Slope Down? (1986)Do Demand Curves for Stocks S…International Portfolio Choice and Corporation Finance: A Synthesis (1983)International Portfolio Choic…Foundations of Finance. (1977)Foundations of Finance.CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Stock market liberalization and innovation (2020)Stock market liberalization a…Do Foreign Institutional Investors Improve Price Efficiency? (2020)Do Foreign Institutional Inve…Do foreigners facilitate information transmission in emerging markets? (2012)Do foreigners facilitate info…"Lending by example": Direct and indirect effects of foreign banks in emerging markets (2012)"Lending by example": Direct …Who Needs Credit and Who Gets Credit in Eastern Europe? (2011)Who Needs Credit and Who Gets…Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets (2011)Large Foreign Ownership and F…Assessing Measures of Financial Openness and Integration (2011)Assessing Measures of Financi…International Finance and Growth in Developing Countries: What Have We Learned? (2009)International Finance and Gro…Financial globalization: A reappraisal (2009)Financial globalization: A re…Financial Globalization and Economic Policies (2009)Financial Globalization and E…The only game in town: Stock-price consequences of local bias☆ (2008)The only game in town: Stock-…Financial integration, productivity and capital accumulation (2008)Financial integration, produc…Financial Globalization (2006)Financial GlobalizationCapital Account Liberalization: Theory, Evidence, and Speculation (2006)Capital Account Liberalizatio…Time-varying market integration and expected returns in emerging markets (2005)Time-varying market integrati…World market integration through the lens of foreign direct investors (2004)World market integration thro…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The market for corporate control (1983)Noise (1986)The determinants of cross-border equity flows (2004)An Engine, Not a Camera (2006)The cost of capital, corporation finance and the theory of investment (2008)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cross-Section of Expected Stock Returns (1992)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Capital markets research in accounting (2001)Increasing Returns and Long-Run Growth (1986)A NEW SET OF INTERNATIONAL COMPARISONS OF REAL PRODUCT AND PRICE LEVELS ESTIMATES FOR 130 COUNTRIES, 1950–1985 (1988)On the mechanics of economic development (1988)Exchange Rates and Financial Fragility (1999)The Limits of Financial Globalization (2005)Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation (2008)A Contribution to the Theory of Economic Growth (1956)Law and Finance (1998)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)R2 around the world: New theory and new tests☆ (2005)Does board gender diversity improve the informativeness of stock prices? (2011)The General Theory of Employment, Interest and Money. (1936)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Investor protection and corporate governance (2000)Investor Protection and Corporate Valuation (2002)Finance and Growth: Theory and Evidence (2004)On the Impossibility of Informationally Efficient Markets (1980)Generalized autoregressive conditional heteroskedasticity (1986)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Asymmetric correlations of equity portfolios (2002)Does financial liberalization spur growth? (2005)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)Time‐Varying World Market Integration (1995)Value versus Growth: The International Evidence (1998)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)Familiarity Breeds Investment (2001)International Asset Allocation With Regime Shifts (2002)Financial Globalization: A Reappraisal (2006)
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References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 2000The information content of stock markets: why do emerging markets have synchronous stock price movements?3,332 cited
  • 1997Foundations of International Macroeconomics2,980 cited
  • 1991Investor Diversification and International Equity Markets2,542 cited
  • 2017Why Doesn't Capital Flow from Rich to Poor Countries?2,531 cited
  • 2000Financial markets and the allocation of capital1,972 cited
  • 2000Foreign Speculators and Emerging Equity Markets1,868 cited
  • 1986Do Demand Curves for Stocks Slope Down?1,524 cited
  • 1983International Portfolio Choice and Corporation Finance: A Synthesis1,447 cited
  • 2000Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices1,385 cited
  • 1999Trying to Explain Home Bias in Equities and Consumption1,364 cited
  • 1999GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL1,264 cited
  • 1988What Moves Stock Prices?1,255 cited
  • 1977Foundations of Finance.1,128 cited
  • 1986

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Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures
1,023 cited

Cited by

  • 2020Stock market liberalization and innovation412 cited
  • 2008Financial integration, productivity and capital accumulation341 cited
  • 2006Financial Globalization335 cited
  • 2012Do foreigners facilitate information transmission in emerging markets?312 cited
  • 2011Assessing Measures of Financial Openness and Integration301 cited
  • 2009International Finance and Growth in Developing Countries: What Have We Learned?299 cited
  • 2008The only game in town: Stock-price consequences of local bias☆261 cited
  • 2005Time-varying market integration and expected returns in emerging markets247 cited
  • 2020Do Foreign Institutional Investors Improve Price Efficiency?240 cited
  • 2004World market integration through the lens of foreign direct investors215 cited
  • 2009Financial Globalization and Economic Policies212 cited
  • 2006Capital Account Liberalization: Theory, Evidence, and Speculation202 cited
  • 2011Who Needs Credit and Who Gets Credit in Eastern Europe?200 cited
  • 2009Financial globalization: A reappraisal199 cited
  • 2011Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets198 cited
  • 2012"Lending by example": Direct and indirect effects of foreign banks in emerging markets198 cited