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  • 标题:Eurozone stock returns co-movement: Some findings for portfolio managers and central bankers
  • 本地全文:下载
  • 作者:Radosław Kurach
  • 期刊名称:Business and Economic Horizons
  • 印刷版ISSN:1804-1205
  • 电子版ISSN:1804-5006
  • 出版年度:2011
  • 卷号:5
  • 期号:2
  • 页码:1-12
  • DOI:10.15208/beh.2011.10
  • 出版社:Prague Development Center
  • 摘要:In this paper we assess the level of country risk vs industry risk for the Eurozone national stock markets and the measure of dispersion is used to deliver the desired estimates. We find a significant and permanent increase in the level of country risk since the beginning of the recent global financial crisis. This conclusion may be important both for portfolio managers and monetary policymakers.
  • 关键词:Diversification gains; EMU.
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