-indices DAX, MDAX and HDAX. Usually financial theory suggests that the fact of an index replacement contains no new valuation …The main aim of this thesis is to analyse the reactions caused by index replacements in the German benchmark stock …-relevant evidence. However the financial press frequently speculates about index replacements and the consequences on the underlying …

in TFP growth. This paper computes an index of labour quality in Spain between 1988 and 2006 using microdata from the … observable characteristics, the index still shows a notable growth at an average annual rate of 0.42 pp. After a period of slight … decline (between 1988 and 1992) the index grows continuously until 2006 when it fell again. This is the case because education …

This study reports new findings on the behavior of index futures (FKLI: code name of Kuala Lumpur Index Futures …

instruments. Based upon the price index methodology, a selected sample of ten agribusiness stocks chosen by decreasing liquidity … profiles in BOVESPA composes the theoretical portfolio of the index. It will allow comparative analysis with other financial …

stock index that trade like shares of stock. Arbitrage costs are low because these assets have low fundamental risk, low … performance of the S&P MidCap 400 index, an index of moderate capitalization firms, and are expected to have higher arbitrage …

accounts, based on normative social choice theory, are introduced to indicate how a partial measure of sustainability can be …