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- W2077627780 abstract "In this paper, we find empirical evidence that diversification across countries results in greater risk reduction than diversification across industries. Our inter-temporal stability tests indicate that, the longer the time period considered, the better proxies ex post patterns of co-movement can be for the ex ante co-movements of international stock markets. Our seasonality tests show that international stock market co-movements are stable in the September–May period, but relatively unstable in the May–September period." @default.
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- W2077627780 date "1989-09-01" @default.
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- W2077627780 title "Potential gains from international portfolio diversification and inter-temporal stability and seasonality in international stock market relationships" @default.
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- W2077627780 doi "https://doi.org/10.1016/0378-4266(89)90034-4" @default.
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