Sala, Juan Carlos Gómez; Sharfhaussen, Jorge Yzaguirre - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2000
This paper examines the effect of the Ibex35 index revisions on the price andtrading activity of a sample of 26 additions and 22 deletions during the period January 1991-December 1998. The results shows that Ibex35 revisions raise (reduce) the price of the additions (deletions) especially in the...