What Segments Equity Markets

By Geert Bekaert, Campbell R. Harvey, Christian Lundblad, Stephan Siegel. 2011

530 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/d91d30b1361e86b8a0dd91248c6d300764abf4ea

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Citations in the corpus

Stock Market Integration and the Global Financial Crisis (2015, methodology): “In this task, we follow Bekaert et al. (2011) and Bekaert et al. (2014) and employ a generalto-specific algorithm, as explained for example in Hendry and Krolzig (2005).”
Trading and arbitrage in cryptocurrency markets (2020, unknown): “, Bekaert et al. (2011). Similar to this literature, our results suggest that capital controls and the development of financial markets can be important at explaining the differences in the marginal valuation of investors across countries. Finally, our paper is also related to research that document”
Interconnectedness in the global financial market (2017, unknown): “This resulted in a debate about the influence of global sectoral factors (Dutt and Mihov, 2013; Bekaert et al., 2009, 2011). Previous results hint at an increase in the importance of these factors. Forbes and Chinn (2004) find that cross-country factors and global sectoral factors both are important”
The European Union, the Euro, and Equity Market Integration (2010, background): “This contrasts with the standard approach in the international finance literature that employs estimated measures of segmentation based on, for example, the evolution of equity return correlations or systematic risk exposures (e.g., world market portfolio betas); see Bekaert, Hodrick and Zhang…”
Global Crises and Equity Market Contagion (2012, unknown): “This is potentially consistent with evidence in Bekaert et al (2011) finding more “segmentation” in international portfolios in times of heightened risk aversion.”
Emerging Equity Markets in a Globalizing World (2017, unknown): “However, recent research by Bekaert et al. (2011) suggests that emerging markets are still not fully integrated into world capital markets, and therefore that emerging markets should still be viewed as a separate asset class.”
Political risk and dividend policy: Evidence from international political crises (2015, unknown): “…market development credtgdp Private credit to GDP ratio WDI, The World Bank Equity market segmentation seg The level of stock markets segmentation Bekaert et al. (2011) Foreign direct investment flow The ratio of the sum of absolute values of foreign direct investment inflows and outflows WDI,…”