Equity Markets and Optimal Portfolio Diversification

"Introduction: THe Internationalization of Equity Markets," in The Internationalization of Equity Markets (University of Chicago Press, Chicago), 1994.  NBER WP 4590,1993.

“The Integration of Secondary Equity Markets in Europe, and the Barriers Posed by Separate Currencies,” Chapter 10 ["Exchange Rates and the Single Currency"], in The European Equity Markets: The State of the Union and an Agenda for the Millennium, edited by Benn Steil (European Capital Markets Institute, Copenhagen), 1996.

"The Constrained Asset Share Estimation (CASE) Method: Testing Mean-Variance Efficiency of the U.S. Stock Market," with C. Engel, K. Froot, and A. Rodrigues, Journal of Empirical Finance 2, 1995, 3-18.

"Portfolio Crowding Out, Empirically Estimated," Quarterly Journal of Economics 100, 1985, 1041-1065.   NBER WP 1205, September 1983.

"Portfolio Shares as `Beta-Breakers': A Test of CAPM," Journal of Portfolio Management 11, no. 4, Summer 1985, 18-23.

///