Valls Pereira, Pedro L.; Chicaroli, Rodrigo - Volkswirtschaftliche Fakultät, … - 2009
In this study, we verify the existence of predictability in the Brazilian equity market. Unlike other studies in the … predictability. Unlike Burgess (1999), we carry out White’s Reality Check (2000) in order to verify the existence of positive returns … strong evidence of predictability in the models, including transaction costs …