rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Global stock markets
    sub title: expected returns, consumption, and the business cycle
  name:
    name part: Drobetz, Wolfgang.
    role:
      role term: creator
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: gw
    date issued: 2000
    issuance: monographic
  language:
    language term: eng
  physical description:
    reformatting quality: preservation
    reformatting quality: access
    form: remote
    extent: 1 online resource (xix, 332 pages) : illustrations.
  abstract: Stock investments have become increasingly international, but only recently a deeper theoretical understanding of the forces influencing global stock market returns has been gained from empirical studies. This is a crucial issue for asset managers in order to control the risks and exposures of global stock portfolios successfully. Wolfgang Drobetz provides empirical evidence on the time variation of expected stock returns over the stages of the business cycle: If the time variation in expected returns is rational, driven by shocks to taste or technology, the variation in expected returns should be related to variation in consumption, investment, and savings. Testing both stochastic discount factor models and beta pricing models, the author finds that predictability of stock returns is perfectly consistent with the concept of market efficiency, and stock prices need not follow a random walk.
  note: Wolfgang Drobetz ; with a foreword by Heinz Zimmermann.
  note: Originally presented as the author's thesis (Ph. D.--Universität St. Gallen, 2000).
  note: Electronic resource.
  note: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
  note: digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
  note: Includes bibliographical references (pages 309-332).
  subject:
    topic: Stock exchanges
  subject:
    topic: Stock price forecasting
  subject:
    topic: Assets (Accounting)
    topic: Prices
    topic: Forecasting
  subject:
    topic: Business cycles
  subject:
    topic: Internationaler Kapitalmarkt
    topic: Kapitalmarkttheorie
  subject:
    topic: Kapitalmarkttheorie
    topic: Internationaler Kapitalmarkt
  classification: HG4551 .D76 2000eb
  classification: 332.64/2
  related item:
    identifier: (OCoLC)48111683
  related item:
    title info:
      title: Gabler Edition Wissenschaft
  identifier: 9783663085294 (electronic bk.)
  identifier: 3663085295 (electronic bk.)
  identifier: 9783824472727 (pbk.)
  identifier: 3824472724 (pbk.)
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: OCLCE
    record creation date: 100712
    record change date: 20260422224244.2
    record identifier: in00003503952
    language of cataloging:
      language term: eng