Assessing the impact of short-sale constraints on the gains from international diversification
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Note: For a published version of this report, see Asani Sarkar and Kai Li, "Should U.S. Investors Hold Foreign Stocks?" Current Issues in Economics and Finance 8, no. 3 (March 2002).
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More about this item
Keywords
diversification benefit; efficient international portfolio; equity index portfolio; diversification; investing;All these keywords.
JEL classification:
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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