EXCHANGE RISK IMPLICATIONS OF INTERNATIONAL PORTFOLIO DIVERSIFICATION

被引：15

作者：

BIGER, N

机构：

来源：

JOURNAL OF INTERNATIONAL BUSINESS STUDIES | 1979年 / 10卷 / 02期

关键词：

D O I：

10.1057/palgrave.jibs.8490638

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper evaluates the systematic risk of foreign exchange by deriving efficient sets of international portfolios from six national viewpoints. The composition of these portfolios is examined and the effect of different exchange rate risks is discussed theoretically and tested empirically. The paper shows that in the context of international portfolios, exchange risk matters much less than would be expected. © 1979, Academy of International Business.

引用

页码：64 / 74

页数：11

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[8]

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[10]

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