Chapters in this book

1. Frontmatter i
2. Contents vii
3. Preface ix
4. Introduction 1
5. I. Asset Pricing and Home- Country Bias in Internationally Integrated Markets
6. 1. A Test of the International CAPM Using Business Cycles Indicators as Instrumental Variables 23
7. 2. An Exploratory Investigation of the Fundamental Determinants of National Equity Market Returns 59
8. 3. Tests of CAPM on an International Portfolio of Bonds and Stocks 149
9. 4. International Equity Transactions and U.S. Portfolio Choice 185
10. II. Trading Volume, Location, Emerging Markets, Taxes, Controls, and Other Imperfections
11. 5. The Effect of Barriers to Equity Investment in Developing Countries 231
12. 6. International Experiences with Securities Transaction Taxes 277
13. 7. Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets 309
14. 8. What Moves the Discount on Country Equity Funds? 345
15. Contributors 405
16. Author Index 407
17. Subject Index 411