Feder-Sempach, Ewa; Szczepocki, Piotr - In: Comparative economic research : Central and Eastern Europe 25 (2022) 2, pp. 45-60
This paper examines the long‑term dependence between the Polish and German stock markets in terms of industry beta risk … estimates according to the Capital Asset Pricing Model (CAPM). The main objective of this research is to compare the Polish and … German beta parameters of five Polish and three German sector indices using the Bayesian methodology in the period 2001 …