The degree of comovement across national stock markets has increased dramatically since the mid-1990s. This has overturned a stylized fact in the international

The degree of comovement across national stock markets has increased dramatically since the mid-1990s. This has overturned a stylized fact in the international

A stylized fact in the portfolio diversification literature is that diversifying across countries is more effective than diversifying across industries in terms

This paper tests whether fluctuations in investors' attention affect stock return comovement with national and global markets, and which stocks are most affecte

This volume of "International Finance Review" focuses on the Asia-Pacific financial markets. A total of 22 original papers, not published elsewhere, have been s