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In an Empirical Study on National Market Returns in the 20th

question 47

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In an empirical study on national market returns in the 20th century, Dimson, Marsh, and Staunton (2002)determined that the equity returns in the United States out-performed the other 15 countries in the study.


Definitions:

Normal Aspect

A term typically used in various fields to denote a condition, perspective, or appearance that is considered typical or expected.

Causes of Death

Factors or events that directly lead to the death of an individual, ranging from diseases and accidents to various health conditions.

Main Causes

The primary or most significant factors or conditions that contribute to a particular outcome or event.

20th Century

A period extending from January 1, 1901, to December 31, 2000, marked by significant global changes in politics, technology, and culture.

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