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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.
SCIMA record nr: 194162
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