Country beta

Country beta

Covariance of a national economy's rate of return and the rate of return of the world economy divided by the variance of the world economy.
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We've reached a point where we cannot help all the animals, we have around 400 dogs in our shelter and we are refusing a lot of dogs," she said, adding that of the three organizations that provide animal shelter in the country BETA was the largest, reflecting the scale of the stray problem in Lebanon.
does not manifest itself in lower wages in country Beta.
As the output gap increases (due to an increasing trade deficit (NX < 0)) in country Beta, national income falls along with (C), (NS) and tax revenues (T).
The first is a measure of a country's contribution to global financial market risk, frequently called a country beta.
The country beta rises before and during the outbreak of the Tequila Crisis, although the peak values during the Tequila Crisis are not as high as during the Asian Crisis, when it becomes almost twice as risky as the average world investment opportunity.
The reason is that the country beta simply measures a country's contribution to global systematic risk, while a country's alpha represents how far a country's excess, risk-adjusted average returns are from what they should be in a hypothetical equilibrium world.
So-called rolling country alphas and country betas are depicted in Figures 1 and 2 for Mexico between December 15, 1989, and November 11, 2005.
Miller (2005b) shows that country betas rise in 13 emerging markets during the Asian Crisis and fall thereafter, while Miller (2005a) shows that country alphas fall and become negative during the Asian Crisis, before eventually becoming positive again.
Mean Coefficient Inflation of for Country beta rate inflation United States 1.
A cursory examination of the estimates of the global betas and the single country betas reveals substantial differences between them.