Alexandra, HOROBET; Alina, DRAGHICI; Gabriela, … - In: Revista Economica Supplement (2012) 4, pp. 319-329
Our paper examines the impact of currency risk on investments made by a Euro based investor in European countries in normal versus turbulent times. We use unhedged and hedged stock market returns to see whether the performance of portfolios made up of stocks from developed markets could be...