The development of large-scale hydropower in Sweden started around 1900 when the Swedish government considered replacing of steam engine power with power from water falls, especially for utilization in railway operation. The hydropower development extends more than hundred years. Most of the...

This paper provides an extensive empirical investigation into the sources of index return autocorrelation, focusing on the relation between autocorrelation in individual stock returns and autocorrelation in index returns. The study uses daily data from the Stockholm Stock Exchange over the...