Advanced

International diversification from a Swedish perspective during the implementation of EMU.

Bogren, Rikard and Olby, Peter (2008)
Department of Economics
Abstract
In this thesis the change in effect of international diversification during the implementation of EMU is investigated, by taking a Swedish perspective. This is done by studying correlation and Sharpe ratio development. The countries included in this study comprise of both EMU countries and a disperse group of other world markets. It can be concluded that a Swedish investor has had a positive diversification effect within the EMU countries, although an increase in correlation and a slight decrease in average diversification effect during the
investigated period. The opposite, a slight average increase in diversification effect, is observed for the non-EMU countries.
Please use this url to cite or link to this publication:
@misc{1848840,
  abstract     = {In this thesis the change in effect of international diversification during the implementation of EMU is investigated, by taking a Swedish perspective. This is done by studying correlation and Sharpe ratio development. The countries included in this study comprise of both EMU countries and a disperse group of other world markets. It can be concluded that a Swedish investor has had a positive diversification effect within the EMU countries, although an increase in correlation and a slight decrease in average diversification effect during the
investigated period. The opposite, a slight average increase in diversification effect, is observed for the non-EMU countries.},
  author       = {Bogren, Rikard and Olby, Peter},
  keyword      = {Sharpe Ratio,correlation,mean-variance,International diversification,Economics, econometrics, economic theory, economic systems, economic policy,Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik},
  language     = {eng},
  note         = {Student Paper},
  title        = {International diversification from a Swedish perspective during the implementation of EMU.},
  year         = {2008},
}