An Analysis of the Relationship between the Stock Markets of China and other BRICS Countries, the United States and Australia

Presents an integrating theoretical and empirical study of the co-movement and time-varying correlations between the stock markets of China and other BRICS, the United States and Australia. The book is motivated by the global integration of capital markets and the resultant decline in the potential benefits of diversification.

Prezinta un studiu teoretic si empiric integrator al corelatiilor variabile in timp si a miscarii concomitente dintre pietele bursiere din China si alte tari BRICS, Statele Unite si Australia. Cartea este motivata de integrarea globala a pietelor de capital si declinul rezultat al beneficiilor potentiale ale diversificarii.