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Author: | Jorion, P. Goetzmann, W. N. |
Title: | Global stock markets in the twentieth century |
Journal: | Journal of Finance
1999 : JUN ,VOL. 54:3, p. 953-980 |
Index terms: | STOCK MARKETS GLOBAL MARKETING |
Language: | eng |
Abstract: | There are reasons to suspect that long-term estimates of expected return on equities are subject to survivorship, as the USA is arguably the most successful capitalist system in the world. |
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