Performance Convergence Analysis of Stock Exchanges: the Situation of the Ibovespa in the World Scenario
This paper studies the behavior of the most relevant worldwide stock exchanges indices. The semiparametric time series technique proposed by Phillips and Sul (2007) is used to a panel containing 36 stock exchanges allocated in economies with different development levels situated on all continents, d...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Brazilian Society of Finance
2011-09-01
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| Series: | Revista Brasileira de Finanças |
| Subjects: | |
| Online Access: | http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/2700 |