Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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Motivated by these issues, we study the comovements between the returns
on country-industry portfolios and country-style portfolios for 23 countries, 26
industries, and nine styles during 1980–2005. During this period, markets are
likely to have become more integrated at the world level through increased
capital and trade integration. Also, a number of regional developments have
likely integrated stockmarkets at a regional level. These developments include
the North American Free Trade Agreement (NAFTA), the emergence of the
euro, and increasing economic and financial integration within the European
Union. To test whether these developments have led to permanent changes in
stock return comovements, we rely on the trend tests of Vogelsang...
Nội dung trích xuất từ tài liệu:
The Efficient Market Hypothesis and Its Critics
