Hi, all !
Does anyone know good books or academic journals to get complehensive view of “country” allocation?
I would like to study theoretical framework(not ad hoc approach) to analyze global stock markets and evaluate relative attractiveness.
how to translate macro view to stock return prediction
how to estimate equity cost of capital (ICAPM or Domestic CAPM etc…)
relative importance between industry factor and country factor
how to treat currency risk, inflation risk, or interest rate risk…
economic shocks should be reflected on equity cost of capital or earnings(cash flow) forecasts?
developed markets vs emerging markets
and so on…
any advice is appreciated !