Pacific basin capital markets database

"Risk premia in international equity markets revisited," Pacific-Basin Finance Journal, Elsevier, vol. 17(3), pages 295-318, June. Bailey, Warren & Mao, Connie X. & Sirodom, Kulpatra, 2007. " Investment restrictions and the cross-border flow of information: Some empirical evidence ," Journal of International Money and Finance , Elsevier, vol ...

Developing local capital markets is a strategic priority for IFC. Deep, efficient local capital markets create access to long-term, local-currency finance, and are the foundation for a thriving private sector—the key driver of jobs and growth.

(1) Market price as of May 29, 2015; pro forma for May 2015 equity offering (2) Pro forma for May 2015 equity offering, including proceeds from exercise of over -allotment option (3) After giving effect to our recent D -J Basin asset acquisition and divestiture of our non -core Niobrara interests; assumes SEC pr ice deck of MSCI's ACWI is composed of 2,771 constituents, 11 sectors, and is the industry’s accepted gauge of global stock market activity. It provides a seamless, modern and fully integrated view across all sources of equity returns in 47 developed and emerging markets. Risk premia in Pacific-Basin capital markets pp. 235-261 Stephen Brown and Toshiyuki Otsuki A note on capital market segmentation: new tests and evidence pp. 263-276 Swee-Sum Lam and Hoe-Soon Pak Dispersion of financial analysts forecasts of earnings per share and trading volume: the Hong Kong experience pp. 277-285 Robert H. Terpstra and ... Uniform Testing and Portfolio Strategies for Single and Multifactor Asset Pricing Models in the Pacific Basin Markets . Introduction . The capital asset pricing model (CAPM) of Sharpe (1964) and Lintner (1965) offers powerful and intuitively pleasing descriptions about how to measure risk and the relation between expected return and risk.

international stock markets has also enhanced the efficiency of global financial mar-kets. For example, Bailey (1990) examines the effect of U.S. monetary shocks on the Pacific-rim stock markets and shows that the stock indices of countries with relatively few barriers to investment flows exhibit stronger reactions than those with strict capital