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This paper analyses the symmetry of daily returns in the Madrid stock market and in the exchange rates of the peseta …
Persistent link: https://www.econbiz.de/10008602614
Economic thought has ofien regal'ded business cycles as asymmetric. This papel' examines the existence of asymmetries over the business cycle in three European countries: France, Germany and the United Kingdom. To analyze this issue, industrial production in these countries from 1957 to 1994 is...
Persistent link: https://www.econbiz.de/10008550410
This paper examines the (a)symmetry of twenty-four individual stock returns at different frequencies: daily, weekly and …
Persistent link: https://www.econbiz.de/10005515809