Toward a market sector-based composite political risk indicator model

Model risk involves the risk of model misspecification. In this chapter it is argued that unsystematic risk is an indicator of country-specific and human factors. With a strong theoretical base for a systematic capital asset pricing model specification, these factors may be classified as political r...

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Bibliographic Details
Main Author: Simpson, John
Other Authors: Greg N. Gregoriou
Format: Book Chapter
Published: McGrah hill 2010
Online Access:http://hdl.handle.net/20.500.11937/47953