{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/20161"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/20161","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"The currency risk factor in international equity pricing","abstract":"Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.","abstract_html":"Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.","abstract_has_math":false,"creators":["Gupta, Manoj"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Finance","degree_department":null,"school":null,"contributors":["Finnerty, Joseph E."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2011,"date_issued":"2011-05-07T12:30:45Z","date_published":"2011-05-07T12:30:45Z","updated_at":"2026-07-22T22:25:15Z","subjects":["Business Administration, Accounting","Business Administration, General","Business Administration, Management","Economics, Finance"],"languages":["eng"],"rights":["Copyright 1990 Gupta, Manoj"],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["AAI9026198","(UMI)AAI9026198"],"render_values":[{"text":"AAI9026198","href":null,"code":true},{"text":"(UMI)AAI9026198","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/20161","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Finnerty, Joseph E."]},{"key":"dc:creator","label":"Author","values":["Gupta, Manoj"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2011-05-07T12:30:45Z","10000-01-01","1990"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Finance"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Business Administration, Accounting","Business Administration, General","Business Administration, Management","Economics, Finance"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 1990 Gupta, Manoj"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["AAI9026198","(UMI)AAI9026198","http://hdl.handle.net/2142/20161"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.","Two methodologies are used. One is based on the Asymptotic Principal Components when an approximate factor structure is assumed. The other is a multiple regression framework.","Monthly stock price returns for five countries are used. Thirty stocks are chosen from each country. There are a total of thirteen industry classifications. Fifteen years of data is used. The US Dollar is the numeraire.","Exchange risk is generally priced for US Dollar returns (the viewpoint of a US investor investing in foreign markets), and is not priced for local currency returns (the viewpoint of a local investor). The Domestic market index is always priced. The pricing of the World Index and the Industry Index is mixed, (i.e.), it is priced in certain cases and not in others.","Made available in DSpace on 2011-05-07T12:30:45Z (GMT). No. of bitstreams: 2 license.txt: 4922 bytes, checksum: 910b249b4beec47e7ab768910c8f966f (MD5) 9026198.pdf: 3643756 bytes, checksum: c83cc2bc5a1b0ad3f75e3db74531801a (MD5) Previous issue date: 1990","Item marked as restricted to the 'UIUC Users [automated]' Group (id=2) by Howard Ding (hding2@illinois.edu) on 2011-05-07T14:41:58Z Item is restricted indefinitely.","Restriction data tranferred 2014-07-01T11:18:13-05:00 Original Data Group with Access UIUC Users [automated] Release Date: none Reason: ETDs are only available to UIUC Users without author permission","ETDs are only available to UIUC Users without author permission","U of I Only"]},{"key":"dc:title","label":"Title","values":["The currency risk factor in international equity pricing"]}]}],"canonical_facts":{"dc:contributor":["Finnerty, Joseph E."],"dc:creator":["Gupta, Manoj"],"dc:date":["2011-05-07T12:30:45Z","10000-01-01","1990"],"dc:description":["Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.","Two methodologies are used. One is based on the Asymptotic Principal Components when an approximate factor structure is assumed. The other is a multiple regression framework.","Monthly stock price returns for five countries are used. Thirty stocks are chosen from each country. There are a total of thirteen industry classifications. Fifteen years of data is used. The US Dollar is the numeraire.","Exchange risk is generally priced for US Dollar returns (the viewpoint of a US investor investing in foreign markets), and is not priced for local currency returns (the viewpoint of a local investor). The Domestic market index is always priced. The pricing of the World Index and the Industry Index is mixed, (i.e.), it is priced in certain cases and not in others.","Made available in DSpace on 2011-05-07T12:30:45Z (GMT). No. of bitstreams: 2 license.txt: 4922 bytes, checksum: 910b249b4beec47e7ab768910c8f966f (MD5) 9026198.pdf: 3643756 bytes, checksum: c83cc2bc5a1b0ad3f75e3db74531801a (MD5) Previous issue date: 1990","Item marked as restricted to the 'UIUC Users [automated]' Group (id=2) by Howard Ding (hding2@illinois.edu) on 2011-05-07T14:41:58Z Item is restricted indefinitely.","Restriction data tranferred 2014-07-01T11:18:13-05:00 Original Data Group with Access UIUC Users [automated] Release Date: none Reason: ETDs are only available to UIUC Users without author permission","ETDs are only available to UIUC Users without author permission","U of I Only"],"dc:identifier":["AAI9026198","(UMI)AAI9026198","http://hdl.handle.net/2142/20161"],"dc:language":["eng"],"dc:rights":["Copyright 1990 Gupta, Manoj"],"dc:subject":["Business Administration, Accounting","Business Administration, General","Business Administration, Management","Economics, Finance"],"dc:title":["The currency risk factor in international equity pricing"],"dc:type":["text"],"thesis:degree_discipline":["Finance"],"thesis:degree_level":["Dissertation"],"thesis:degree_name":["Ph.D."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:25:15Z"}