02638nam 22005413u 450 991049456790332120230221132635.03-658-35479-8(CKB)5590000000549949EBL6709815(AU-PeEL)EBL6709815(oapen)https://directory.doabooks.org/handle/20.500.12854/72065(PPN)257355766(EXLCZ)99559000000054994920220617d2021|||| uy 0gerur|n|---|||||txtrdacontentcrdamediacrrdacarrierThree essays on empirical asset pricing in international equity markets /Birgit Charlotte Müller1st edition.Wiesbaden Springer Fachmedien Wiesbaden GmbH20211 online resource (162 p.)Gabler Theses.Description based upon print version of record.3-658-35478-X General Introduction Cross-Country Composite Capital Share Risk in International Asset Pricing The Pricing of European Non-Performing Real Estate Loan Portfolios Concluding RemarksIn this Open-Access-book three essays on empirical asset pricing in international equity markets are presented. Despite being of fundamental economic and scientific importance, international financial markets have remained considerably underresearched until today. In the first essay, the role of firm-specific characteristics is analyzed for the momentum effect to exist in international equity markets. The second essay investigates the validity, persistence, and robustness of the newly discovered capital share growth factor across international equity markets as proposed by Lettau and others (2019) for the U.S. market. Lastly, the third and final essay studies stock market reactions of European vendor banks to distressed loan sale announcements.Gabler Theses.3 essays on empirical asset pricing in international equity marketsCapital marketinternational stock marketsempirical asset pricingmarket efficiencybehavioral financereal estate financeOpen AccessCapital market.PSVPTGPRUghbsMüller Birgit1957-1097767AU-PeELAU-PeELAU-PeELBOOK9910494567903321Three essays on empirical asset pricing in international equity markets2908356UNINA