Eurozone Stock Returns Co-movement: Some Findings for Portfolio Managers and Central Bankers

• Autorzy: Radosław Kurach
• Języki publikacji: EN

Abstrakty

EN

In this paper we assess the level of country risk vs industry risk for the Eurozone national stock markets and the measure of dispersion is used to deliver the desired estimates. We find a significant and permanent increase in the level of country risk since the beginning of the recent global financial crisis. This conclusion may be important both for portfolio managers and monetary policymakers. (original abstract)

Słowa kluczowe

EN

Risk spreading; Eurozone; Industry; Stock market; Central banks; Monetary Policy of the ECB

PL

Dywersyfikacja ryzyka; Strefa euro; Przemysł; Giełda papierów wartościowych; Banki centralne; Polityka pieniężna Europejskiego Banku Centralnego

• Czasopismo: Business and Economic Horizons
• Rocznik: 2011
• Numer: vol. 5, iss. 2
• Strony: 1--12

Twórcy

autor

Radosław Kurach

• Wrocław University of Economics, Poland

Bibliografia

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Identyfikatory

DOI

10.15208/beh.2011.10