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Persistent link: https://www.econbiz.de/10001240326
English Abstract: The long-horizon event study methodology is used to document the severe impact of the US subprime mortgage crisis on the Colombian economy. The estimated parameter of a constant mean return model is used to derive the “abnormal return” on the market portfolios of Colombia...
Persistent link: https://www.econbiz.de/10012949082
volatility to investigate the low volatility anomaly. Between January 2003 and June 2017, the low volatility portfolio presented … a 15.5% annual return above the high volatility portfolio, with statistical significance in alpha as in the Sharpe Index …
Persistent link: https://www.econbiz.de/10012846744
The objective of this study is to analyze the determinants of private investment, especially private participation in infrastructure, focusing on the institutional quality of emerging economies. The emerging economies analyzed (Argentina, Brazil, China, Chile, Colombia, India, Indonesia,...
Persistent link: https://www.econbiz.de/10012146732
The objective of this study is to analyze the determinants of private investment, especially private participation in infrastructure, focusing on the institutional quality of emerging economies. The emerging economies analyzed (Argentina, Brazil, China, Chile, Colombia, India, Indonesia,...
Persistent link: https://www.econbiz.de/10011894160
authorities in 2012 on the market volatility of both sectors and their covariance. We also adopt the volatility impulse response …
Persistent link: https://www.econbiz.de/10011372325
authorities in 2012 on the market volatility of both sectors and their covariance. We also adopt the volatility impulse response …
Persistent link: https://www.econbiz.de/10011338737
Persistent link: https://www.econbiz.de/10000969094
competitive conditions it is assumed that the bids' dispersion is associated with the volatility of futures prices and the daily … separating the two auctions with extremely high volatility. (Rev Econ Pol/DÜI) …
Persistent link: https://www.econbiz.de/10001564278
Persistent link: https://www.econbiz.de/10001583330