result of this survey is the Ifo Business Climate Index, a business cycle indicator for the German economy. This indicator is … auf dieser Form der Befragung sehr stabil bezüglich nicht-zufälligen Ausfallprozessen sind. Dies lässt sich sowohl mit …

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