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Volumn 22, Issue 2-3, 1998, Pages 119-127

Impact of diversification on the distribution of stock returns: International evidence

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EID: 0347603697     PISSN: 10550925     EISSN: 19389744     Source Type: Journal    
DOI: 10.1007/BF02771482     Document Type: Article
Times cited : (7)

References (15)
  • 1
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    • Skewness and kurtosis in Japanese equity returns: Empirical evidence
    • Aggarwal, R., R.P., Rao and T., Hiraki. (1989) "Skewness and Kurtosis in Japanese Equity Returns: Empirical Evidence." Journal of Financial Research 12: 253-260.
    • (1989) Journal of Financial Research , vol.12 , pp. 253-260
    • Aggarwal, R.1    Rao, R.P.2    Hiraki, T.3
  • 2
    • 84980103525 scopus 로고
    • Risk and the required rate of return
    • Arditti, F.D. (1967) "Risk and the Required Rate of Return." Journal of Finance 22: 19-36.
    • (1967) Journal of Finance , vol.22 , pp. 19-36
    • Arditti, F.D.1
  • 3
    • 0002528209 scopus 로고
    • The behaviour of stock market prices
    • Fama, E.F. (1965) "The Behaviour of Stock Market Prices." Journal of Business 38: 34-105.
    • (1965) Journal of Business , vol.38 , pp. 34-105
    • Fama, E.F.1
  • 4
    • 0000822996 scopus 로고
    • Internationally diversified portfolio: Welfare gains and capital flows
    • Grubel, H.G. (1968) "Internationally Diversified Portfolio: Welfare Gains and Capital Flows." American Economic Review 58: 1299-1344.
    • (1968) American Economic Review , vol.58 , pp. 1299-1344
    • Grubel G, H.1
  • 6
    • 84944838305 scopus 로고
    • Skewness preference and the valuation of risk assets
    • Kraus, A., and R. H., Litzenberger. (1976) "Skewness Preference and the Valuation of Risk Assets." Journal of Finance 31: 1085-1100.
    • (1976) Journal of Finance , vol.31 , pp. 1085-1100
    • Kraus, A.1    Litzenberger, R.H.2
  • 7
    • 84987589826 scopus 로고
    • The analytics of the intervaling effect on skewness and kurtosis of stock returns
    • Lau, H.S., and J.R., Wingender (1989) "The Analytics of the Intervaling Effect on Skewness and Kurtosis of Stock Returns." The Financial Review 24: 215-233.
    • (1989) The Financial Review , vol.24 , pp. 215-233
    • Lau, H.S.1    Wingender, J.R.2
  • 8
    • 0041131888 scopus 로고
    • The stock market and the commodity futures market: Diversification and arbitrage potential
    • (July-August)
    • Lee, C.F., R.M., Leuthold and J.E., Cordier (1985) "The Stock Market and the Commodity Futures Market: Diversification and Arbitrage Potential." Financial Analysts Journal 41 (July-August): 53-60.
    • (1985) Financial Analysts Journal , vol.41 , pp. 53-60
    • Lee, C.F.1    Leuthold, R.M.2    Cordier, J.E.3
  • 9
    • 0000867768 scopus 로고
    • International diversification of investment portfolios
    • Levy, H. and M., Sarnat (1970) "International Diversification of Investment Portfolios." American Economic Review 60: 668-675.
    • (1970) American Economic Review , vol.60 , pp. 668-675
    • Levy, H.1    Sarnat, M.2
  • 11
    • 84977397409 scopus 로고
    • On the direction of preference for moments of higher order than the variance
    • Scott, R. C. and P. A., Horvath (1980) "On the Direction of Preference for Moments of Higher Order Than the Variance." Journal of Finance 35: 915-919.
    • (1980) Journal of Finance , vol.35 , pp. 915-919
    • Scott, R.C.1    Horvath, P.A.2
  • 14
    • 0002610771 scopus 로고
    • Why not diversify internationally?
    • Solnik, B. (1974) "Why Not Diversify Internationally?" FinancialAnalysts Journal 20: 48-54.
    • (1974) Financial Analysts Journal , vol.20 , pp. 48-54
    • Solnik, B.1
  • 15
    • 0010901076 scopus 로고
    • Diversification and intervaling effects: An empirical study on interaction
    • Tang, G.Y.N. (1994) "Diversification and Intervaling Effects: An Empirical Study on Interaction." The Review of Business Studies 3: 67-88.
    • (1994) The Review of Business Studies , vol.3 , pp. 67-88
    • Tang, G.Y.N.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.