Re-emerging Markets

William Goetzmann and Philippe Jorion

Yale School of Management Working Papers from Yale School of Management

Abstract: Recent research shows that emerging markets are distinguished by high returns and low covariances with global market factors. To check whether these results can be attributed to their recent emergence, we simulate a simple, general model of global markets, with a realistic survival process. The simulations reveal a number of new effects. We find that

Date: 1998-04-01, Revised 2000-08-01
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Related works:
Working Paper: Re-emerging Markets (2000)
Journal Article: Re-Emerging Markets (1999)
Working Paper: Re-Emerging Markets (1998)
Working Paper: Re-emerging Markets (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:ysm:wpaper:ysm50

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