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International evidence for the predictability of bond and stock returns

โœ Scribed by A.D. Clare; S.H. Thomas


Book ID
116101526
Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
561 KB
Volume
40
Category
Article
ISSN
0165-1765

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## Abstract We examined the link between international equity flows and US stock returns. Based on the results of tests of inโ€sample and outโ€ofโ€sample predictability of stock returns, we found evidence of a strong positive (negative) link between international equity flows and contemporaneous (oneโ€