Object structure
Title:

International diversification in the periods of major economic changes

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Research Papers of Wrocław University of Economics

Creator:

Gluzicka, Agata

Subject and Keywords:

diversification ; Rao’s Quadratic Entropy ; Portfolio Diversification Index ; Most Diversified Portfolio ; dywersyfikacja ; kwadratowa entropia Rao ; indeks dywersyfikacji portfela ; portfele najbardziej zdywersyfikowane

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics, 2018, Nr 519, s. 77-87

Abstrakt:

Diversification is one of the most important elements considered in the process of the construction of investment portfolios. A special role is attributed to the diversification in periods of rapid changes in the financial markets. In the article, the problem of international diversification was analysed on the example of selected European, American and Asian markets. The level of diversification was assessed by various measures: Portfolio Diversification Index, Rao’s Quadratic Entropy and Diversification Ratio. In the study diversified portfolios were compared. These portfolios were constructed for the data from the periods before, during and after the last economic crisis. The conducted research showed that European markets were most diversified, regardless of the nature of the analysed period. The study also showed that strongly interrelated countries did not necessarily have strong influence on diversification

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2018

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/pn.2018.519.06

Language:

eng

Relation:

Wrocław Conference in Finance: Contemporary Trends and Challenges ; Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2018; Nr 519

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND 3.0 PL

Location:

Uniwersytet Ekonomiczny we Wrocławiu

×

Citation

Citation style: