Is liquidity the missing link?
Durandet al.(2006a) argue that the Australian market is both internationallyintegrated and domestically segmented. They find that the US-based three-factormodel captures returns of the largest stocks in Australia (evidence of internationalintegration), but that it is unable to account for the return...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Wiley-Blackwell Publishing Asia
2008
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| Subjects: | |
| Online Access: | http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6f866464-9bfc-44a8-be73-afc717aecfe2%40sessionmgr10&vid=2&hid=123 http://hdl.handle.net/20.500.11937/12973 |