Gurgul, Henryk; Machno, Artur - In: Managerial economics 17 (2016) 1, pp. 59-75
The novelty/value added of this paper is the comparison of the Epps effect between developed and emerging stock markets from Central Europe by means of the correction formula derived by the authors. The main goal of the study is to test whether or not asynchrony in transaction times is a...