Worthington, Andrew; Higgs, Helen - In: Global Economic Review 35 (2006) 3, pp. 239-257
used to estimate time-varying betas for each exchange from listing until 7 June 2005. While the results indicate … the exchanges, with mean time-varying betas of 0.56 for the Deutsche Borse, 0.66 for the London Stock Exchange, 0.78 for …