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We investigate possible short and long term diversifications than can be achieved by investing in BRIC stock markets in addition to the US stock market. Our results based on contemporaneous and long term analysis suggest that investing in BRIC stock markets provides diversification benefits,...
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Different factors have been claimed to influence the foreign flows to a country. According to the push view, it is the international interest rates and the condition of the global economy that determines the capital flows to a country. On the other hand, the pull view states that domestic...
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