G15 - International Financial Markets

• The Monetary Origins of Asymmetric Information in International Equity Markets

  Staff Working Paper 2004-47 Gregory Bauer, Clara Vega

  Existing studies using low-frequency data show that macroeconomic shocks contribute little to international stock market covariation.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics, Market structure and pricing JEL Code(s): F, F3, F30, G, G1, G12, G14, G15

• International Equity Flows and Returns: A Quantitative Equilibrium Approach

  Staff Working Paper 2004-42 Rui Albuquerque, Martin Schneider, Gregory Bauer

  The authors model trading by foreign and domestic investors in developed-country equity markets.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics, Market structure and pricing JEL Code(s): F, F3, F30, G, G1, G12, G14, G15

• International Cross-Listing and the Bonding Hypothesis

  Staff Working Paper 2004-17 Michael R. King, Dan Segal

  The authors describe a new view of cross-listing that links the impact on firm valuation to the firm's ability to develop an active secondary market for its shares in the U.S. markets.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G1, G12, G15