Bolt, Tadeusz W; Milobedzki, Pawel - In: Economic Change and Restructuring 27 (1994) 3, pp. 211-26
The paper focuses on the analysis of return on shares quoted on the Warsaw Stock Exchange (WSE) in the period 1991-1993. We found that the WSE specific institutional background resulted in a large variation of return rates, their distributional asymmetry and truncations which make hypotheses...