The net returns offered by the MSCI World and MSCI All Country World Index (ACWI) outperformed the rate of return provided by the MSCI Emerging Markets index. On a one-year rate of return, the MSCI Wo
This study explores the impact of the Kumbh Mela—a large-scale cyclical cultural-religious congregation in India—on the secondary stock market through the lens of consumption-induced shocks. Leveragin
