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    Three Essays on Empirical Asset Pricing in International Equity Markets

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    Author(s)
    Müller, Birgit Charlotte
    Language
    German
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    Abstract
    In this Open-Access-book three essays on empirical asset pricing in international equity markets are presented. Despite being of fundamental economic and scientific importance, international financial markets have remained considerably underresearched until today. In the first essay, the role of firm-specific characteristics is analyzed for the momentum effect to exist in international equity markets. The second essay investigates the validity, persistence, and robustness of the newly discovered capital share growth factor across international equity markets as proposed by Lettau et al. (2019) for the U.S. market. Lastly, the third and final essay studies stock market reactions of European vendor banks to distressed loan sale announcements.
    URI
    https://library.oapen.org/handle/20.500.12657/50739
    Keywords
    international stock markets; empirical asset pricing; market efficiency; behavioral finance; real estate finance; Open Access
    DOI
    10.1007/978-3-658-35479-4
    ISBN
    9783658354794, 9783658354794
    Publisher
    Springer Nature
    Publisher website
    https://www.springernature.com/gp/products/books
    Publication date and place
    2021
    Imprint
    Springer Gabler
    Series
    Gabler Theses,
    Classification
    Finance
    Pages
    147
    Rights
    http://creativecommons.org/licenses/by/4.0/
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    Credits

    • logo Scoss
    • logo EU
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    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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