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Mapping Returns of Private Equity Investments in Emerging Markets

Mölders, Florian; Salgado, Edgar - 2025

alongside others generating little or no return, highlighting the importance of diversification. The analysis reveals that firm …

Persistent link: https://www.econbiz.de/10015198170

International Financial Integration through Equity Markets : Which Firms from Which Countries Go Global?

Claessens, Stijn; Schmukler, Sergio L. - 2012

equity, and cross-listing in major world stock markets. Using a large sample of 39,517 firms from 111 countries covering the …

Persistent link: https://www.econbiz.de/10012552596

Financial Regulatory Harmonization and the Globalization of Finance

Jordan, Cally; Majnoni, Giovanni - 2002

In the globalizing economy, national policymakers are often forced to accept the challenge of financial integration. Faced with the potentially destabilizing effects of international financial markets, they have to strengthen financial regulation, importing international best practices and...

Persistent link: https://www.econbiz.de/10012573173

Financial Globalization in Emerging Countries : Diversification vs. Offshoring

Ceballos, Francisco; Didier, Tatiana; Schmukler, Sergio L. - 2012

transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during … important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension … markets and countries. The paper also shows that the nature of financing through both diversification and offshoring has …

Persistent link: https://www.econbiz.de/10012554536

Do Capital Flows Respond to Risk and Return?

Calderón, César A.; Loayza, Norman; Servén, Luis - 2003

This paper explores empirically the role of risk and return in the observed evolution of net foreign asset positions of industrial and developing economies. The paper adopts a dynamic approach in which investors' portfolios adjust gradually to their long-run equilibrium, defined by a standard...

Persistent link: https://www.econbiz.de/10012573320

On the International Transmission of Shocks : Micro-Evidence from Mutual Fund Portfolios

Raddatz, Claudio E.; Schmukler, Sergio L. - 2012

Using micro-level data on mutual funds from different financial centers investing in equity and bonds, this paper analyzes how investors and managers behave and transmit shocks across countries. The paper shows that the volatility of mutual fund investments is quantitatively driven by investors...

Persistent link: https://www.econbiz.de/10012554504

Islamic Finance and Financial Inclusion : Measuring Use of and Demand for Formal Financial Services among Muslim Adults

Demirguc-Kunt, Asli; Klapper, Leora; Randall, Douglas - 2014

In recent years, the Islamic finance industry has attracted the attention of policy makers and international donors as a possible channel through which to expand financial inclusion, particularly among Muslim adults. Yet cross-country, demand-side data on actual usage and preference gaps in...

Persistent link: https://www.econbiz.de/10012560767

Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services

Grais, Wafik M.; Pellegrini, Matteo - 2012

The structures and processes established within an institution offering Islamic financial Services (IIFS) for monitoring and evaluating Shariah compliance rely essentially on arrangements internal to the firm. By being incorporated in the institutional structure, a Shariah supervisory board...

Persistent link: https://www.econbiz.de/10012553882

International Asset Allocations and Capital Flows : The Benchmark Effect

Raddatz, Claudio E.; Schmukler, Sergio L.; Williams, Tomas - 2014

This paper studies channels through which well-known benchmark indexes impact asset allocations and capital flows across countries. The study uses unique monthly micro-level data of benchmark compositions and mutual fund investments during 1996-2012. Benchmarks have important effects on equity...

Persistent link: https://www.econbiz.de/10012572816

Neither a Borrower Nor a Lender : Does China's Zero Net Foreign Asset Position Make Economic Sense?

Dollar, David; Kraay, Aart - 2012

-labor ratio about one-fifth the world average and one-tenth the U.S. level. The main questions that the authors address are …

Persistent link: https://www.econbiz.de/10012554255