Global Risk Premia on International Investments

Global Risk Premia on International Investments

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Implementing unconditional as well as conditional beta pricing models, the author identifies global economic factors that affect the performance of international investments.G-7 dividend yield: The G-7 dividend yield is the GDP-weighted average of the aggregate dividend yields in the G-7 stock markets. For each market, the dividend-to-price (D/P) ratio at time t-1 is the average value of dividends paid from monthanbsp;...

Title:Global Risk Premia on International Investments
Publisher:Springer-Verlag - 2013-07-01

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