Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.

We examine the issue of optimal asset allocation among three broad classes of assetsÃÃLarge Stocks (proxied by the S&P composite index); real estate assets (a portfolio of thirty Equity Real Estate Investment Trusts (REITs) traded on major stock exchanges); and the risk-free asset (the...

Line planning as one of the first planning stages in public transport is a well-researched topic. Nearly all models start with the assumption that the demand for public transport is known and fixed. For real-world applications this assumption is not practicable, since there are different demands...