Combining local and global markets in asset pricing in emerging markets: evidence from three BRICS nations

QR Code

Combining local and global markets in asset pricing in emerging markets: evidence from three BRICS nations

Asset pricing models, originally designed for the US market, assume sufficiency of local market in capturing systematic market risk in the stock returns. The models were extended to other developed markets that are fully integrated with the US market by replacing the local market with the global...

Full description

Bibliographic Details
Main Authors:	Hakim, Shabir Ahmad, Hamid, Zarinah, Meera, Ahamed Kameel Mydin
Format:	Article
Language:	English
Published:	Tennessee State University 2015
Subjects:	HB221 Price HG Finance
Online Access:	http://irep.iium.edu.my/44939/ http://irep.iium.edu.my/44939/1/Journal_of_Developing_Areas_Vol_49%283%29_365-78_2015-Shabir%2C_Zarinah_and_Kameel.pdf

Similar Items

The challenges of implementing gold dinar in Kelantan: An empirical analysis
by: Yusuf, Muhammad-Bashir, et al.
Published: (2013)

Palm oil price, exchange rate, and stock market: a wavelet analysis on the Malaysian market
by: Saiti, Buerhan, et al.
Published: (2014)

Asymmetric adjustment of diesel or petrol retail prices to crude oil price movements: New Zealand evidence
by: Alom, Fardous, et al.
Published: (2012)

The actual cost price in sale of murabahah
by: Tahir, Ibrahim Nuhu
Published: (2016)

Cross country mean and volatility spillover effects of food prices: Evidence for Asia and Pacific
by: Alom, Fardous, et al.
Published: (2010)

Cross country mean and volatility spillover effects of food prices: A multivariate TGARCH analysis
by: Alom, Fardous, et al.
Published: (2011)

Modeling food price volatility and testing heat wave and/or meteor shower effects: Evidence for Asia and Pacific countries
by: Alom, Fardous, et al.
Published: (2012)

A hybrid technique for dinar coin price prediction using artificial neural network based autogressive modeling technique
by: Aibinu, Abiodun Musa, et al.
Published: (2011)

LASSO Regression in Consumer Price Index Malaysia
by: Pillaya, Khuneswari Gopal, et al.
Published: (2021)

Capital asset pricing model and pricing of Islamic financial instruments
by: Hakim, Shabir Ahmad, et al.
Published: (2016)

Comparison between best subset and lasso regression on consumer price index Malaysia
by: Gopal Pillay, Khuneswari A/P, et al.
Published: (2021)

Modeling petroleum future volatility: Analyzing asymmetry and persistency of shocks
by: Alom, Fardous, et al.
Published: (2012)

Pricing efficiency of the 3-month KLIBOR futures contracts: An empirical analysis
by: Razak, Marina Abdul, et al.
Published: (2009)

Asset pricing in developed and emerging markets:a survey
by: Mohamad, Azhar, et al.
Published: (2016)

Identifying key drivers of food price inflation in Malaysia
by: Norazman, Umi Zakiah, et al.
Published: (2016)

Prediction accuracy improvement for Bitcoin market prices based on symmetric volatility information using artificial neural network approach
by: Othman, Anwar Hasan Abdullah, et al.
Published: (2020)

Three Essays in Empirical Asset Pricing
by: QU, Shanshan
Published: (2021)

Do crude oil prices spillover food prices? evidence for Asia and Pacific countries
by: Alom, Fardous
Published: (2015)

Financial market risk and gold investment in an emerging market: the case of Turkey
by: Bayram, Kamola, et al.
Published: (2017)

Exchange rate pass-through import prices: sectoral analysis
by: Duasa, Jarita, et al.
Published: (2011)

Price transmission in vertically-related markets
by: Weldegebriel, Habtu Tadesse
Published: (2004)

The Impact of Accounting Earnings Disclosures on Stock Prices in Malaysia: An Emerging Market
by: Cheng, Fan Fah
Published: (2000)

Pricing Efficiency of the Vegetable Market in Malaysia
by: Hashim, Sharifah
Published: (1994)

Low Price Guarantees in Markets with Low Search Costs
by: Harkins, Andrew
Published: (2007)

Dynamic linkages between the China and ASEAN stock markets: Asian financial crisis and the 2007 subprime crisis
by: Abdul Manap, Turkhan Ali
Published: (2011)

Effect of oil prices to the emerging stock market in Middle East (Bahrain, Jordan, Kuwait and Qatar) / Safina Ahmad
by: Ahmad, Safina
Published: (2010)

An Empirical Study of Comparison Between the Capital Asset Pricing Model and the Fama-French Three Factor Model: Evidence From Taiwan Stock Market
by: YEH, YU-JEN
Published: (2006)

Price discovery analysis in crude palm oil futures market in Malaysia / Bayre Suadik
by: Suadik, Bayre
Published: (2018)

Assessing economic sustainability of Malaysian rice farming (1972-2014)
by: Mohd Nor, K. N., et al.
Published: (2018)

An asset pricing model that captures all the proper factors which affect the price of an asset seems to be a far-off reality according to the evidence of the existing ones.
by: Karousios, Konstantinos
Published: (2007)

Food inflation: A study on key determinants and price transmission processes for Malaysia
by: Norazman, Umi Zakiah, et al.
Published: (2018)

Dynamic linkages among ASEAN-5 emerging stock markets
by: Abd. Majid, M. Shabri, et al.
Published: (2009)

Understanding land idling as a strategic behaviour: a brief note using the real options approach
by: Khalid, Haniza
Published: (2016)

The impact of a rare earth processing plant’s establishment on property values
by: Jamaludin, Husna
Published: (2019)

Spatial analyses in price models: looking for evidence from a land price study
by: Khalid, Haniza
Published: (2014)

Land price dynamics in a large Australian urban housing market
by: Costello, Gregory
Published: (2014)

Option pricing under stochastic environment of volatility and market price of risk
by: Phewchean, N, et al.
Published: (2013)

Effect of oil prices to the emerging stock market in East Asia and Pacific countries (Malaysia, Indonesia, Philippine and Korea) / Nur Fadilah Ibrahim
by: Ibrahim, Nur Fadilah
Published: (2010)

Investment Opportunities in BRIC Nations - A Comparative Fundamental Analysis of Indian Equity Markets
by: Dhingra, Gaurav
Published: (2007)

In-store and Online Retail Pricing Policies
by: Gupta, Rahul
Published: (2007)