This appendix provides details regarding data sources, followed by details regarding the empirical analyses that are used throughout the book.
|Index Name and Description||Source||Granularity|
|MSCI Total Return Net World Free USD||Bloomberg||Monthly|
|Description: The MSCI World is a stock market index of more than 6,000 global stocks. It is maintained by MSCI Inc., formerly Morgan Stanley Capital International.|
|JPMorgan Global Aggregate Bond—Total Return Unhedged USD||Bloomberg||Monthly|
|Description: JPM Global Aggregate Bond Index (GABI) consists of the JPM GABI US, a U.S. dollar–denominated, investment-grade index spanning asset classes from developed to emerging markets, and extends the U.S. index to also include multicurrency, investment-grade instruments. Launched in November 2008, the JPM GABI represents nine distinct asset classes: Developed Market Treasuries, Emerging Market Local Treasuries, Emerging Markets External Debt, Emerging Markets Credit, U.S. Credit, Euro Credit, U.S. Agencies, U.S. MBS, and Pfandbriefe—represented by well-established JPMorgan indices. The JPM GABI US is constructed from more than 3,200 instruments issued from over 50 countries, and collectively represents US$8.6 trillion in market value. The JPM GABI is constructed from over 5,500 instruments issued from over 60 countries and denominated in more than 25 currencies, collectively representing US$20 trillion in market value.|
|Barclays U.S. Corporate High Yield Total ...|