Three essays on empirical asset pricing in international equity markets / / Birgit Charlotte Müller.

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 fir...

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Bibliographic Details
Superior document:Gabler Theses.
:
Year of Publication:2021
Edition:1st edition.
Language:German
Series:Gabler Theses.
Physical Description:1 online resource (162 p.)
Notes:Description based upon print version of record.
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505 0 |a General Introduction Cross-Country Composite Capital Share Risk in International Asset Pricing The Pricing of European Non-Performing Real Estate Loan Portfolios Concluding Remarks 
520 |a 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 and others (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. 
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653 |a market efficiency 
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