English, Article edition: Pricing Capital Assets in an International Setting: An Introduction René M Stultz

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Bookmark: http://trove.nla.gov.au/version/171436
Physical Description
  • article
Language
  • English

Edition details

Title
  • Pricing Capital Assets in an International Setting: An Introduction
Author
  • René M Stultz
Physical Description
  • article
Notes
  • This paper shows how differences across countries of 1) inflation rates, 2) consumption baskets of investors, and 3) investment opportunity sets of investors matter when one applies capital asset pricing models in an international setting. In particular, the fact that countries differ is shown to affect the portfolio held by investors, the equilibrium expected returns of risky assets, and the financial policies of firms.© 1984 JIBS. Journal of International Business Studies (1984) 15, 55–73
  • RePEc:pal:jintbs:v:15:y:1984:i:3:p:55-73
Language
  • English
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