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A country specific point of view on international diversification

Kellner, Ralf ; Rösch, Daniel



Zusammenfassung

This paper adds a country specific point of view on diversification among financial markets. Previous results indicate that emerging markets may generally exhibit higher diversification effects in comparison to developed markets due to lower market linkages. However, the question remains which markets in particular may be more or less attractive among emerging and developed markets as well as in ...

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