Matches in SemOpenAlex for { <https://semopenalex.org/work/W1523573003> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W1523573003 abstract "This paper investigates the apparent co-movement of equity prices in the Czech Republic, Hungary and Poland. The main underlying force moving stock prices in these countries is argued to be the inflow and outflow of foreign capital. Since the inflow of foreign investment to these markets is an unobservable variable, it is modelled as a two- state Markov chain. This latent variable is driving the stock returns process and makes it switch from a high growth regime to a depression regime, or vice versa. In such a framework, the stock return process comes from a mixture of two normal distributions with different means. This is modelled using the vector Markov switching method of Hamilton (1989, 1990). The estimated process shows significant correlation with a number of data series on global capital flows. The paper applies the Hamilton technique to the new dataset and, most importantly, it builds an empirical model for the stock returns of the `thin' emerging markets of Central and Eastern Europe." @default.
- W1523573003 created "2016-06-24" @default.
- W1523573003 creator A5056441006 @default.
- W1523573003 date "1997-09-01" @default.
- W1523573003 modified "2023-09-26" @default.
- W1523573003 title "Equity Price Dynamics in Thin Emerging Markets of Central and Eastern Europe" @default.
- W1523573003 hasPublicationYear "1997" @default.
- W1523573003 type Work @default.
- W1523573003 sameAs 1523573003 @default.
- W1523573003 citedByCount "0" @default.
- W1523573003 crossrefType "posted-content" @default.
- W1523573003 hasAuthorship W1523573003A5056441006 @default.
- W1523573003 hasConcept C105795698 @default.
- W1523573003 hasConcept C106159729 @default.
- W1523573003 hasConcept C121087249 @default.
- W1523573003 hasConcept C139719470 @default.
- W1523573003 hasConcept C149782125 @default.
- W1523573003 hasConcept C153294291 @default.
- W1523573003 hasConcept C162324750 @default.
- W1523573003 hasConcept C166957645 @default.
- W1523573003 hasConcept C17744445 @default.
- W1523573003 hasConcept C199539241 @default.
- W1523573003 hasConcept C199728807 @default.
- W1523573003 hasConcept C204036174 @default.
- W1523573003 hasConcept C205649164 @default.
- W1523573003 hasConcept C2776132308 @default.
- W1523573003 hasConcept C2780695315 @default.
- W1523573003 hasConcept C33923547 @default.
- W1523573003 hasConcept C556758197 @default.
- W1523573003 hasConcept C98763669 @default.
- W1523573003 hasConceptScore W1523573003C105795698 @default.
- W1523573003 hasConceptScore W1523573003C106159729 @default.
- W1523573003 hasConceptScore W1523573003C121087249 @default.
- W1523573003 hasConceptScore W1523573003C139719470 @default.
- W1523573003 hasConceptScore W1523573003C149782125 @default.
- W1523573003 hasConceptScore W1523573003C153294291 @default.
- W1523573003 hasConceptScore W1523573003C162324750 @default.
- W1523573003 hasConceptScore W1523573003C166957645 @default.
- W1523573003 hasConceptScore W1523573003C17744445 @default.
- W1523573003 hasConceptScore W1523573003C199539241 @default.
- W1523573003 hasConceptScore W1523573003C199728807 @default.
- W1523573003 hasConceptScore W1523573003C204036174 @default.
- W1523573003 hasConceptScore W1523573003C205649164 @default.
- W1523573003 hasConceptScore W1523573003C2776132308 @default.
- W1523573003 hasConceptScore W1523573003C2780695315 @default.
- W1523573003 hasConceptScore W1523573003C33923547 @default.
- W1523573003 hasConceptScore W1523573003C556758197 @default.
- W1523573003 hasConceptScore W1523573003C98763669 @default.
- W1523573003 hasLocation W15235730031 @default.
- W1523573003 hasOpenAccess W1523573003 @default.
- W1523573003 hasPrimaryLocation W15235730031 @default.
- W1523573003 hasRelatedWork W1532561386 @default.
- W1523573003 hasRelatedWork W1562260205 @default.
- W1523573003 hasRelatedWork W1569196259 @default.
- W1523573003 hasRelatedWork W1993176550 @default.
- W1523573003 hasRelatedWork W2014365638 @default.
- W1523573003 hasRelatedWork W2033154345 @default.
- W1523573003 hasRelatedWork W2040858335 @default.
- W1523573003 hasRelatedWork W2087962060 @default.
- W1523573003 hasRelatedWork W2122240136 @default.
- W1523573003 hasRelatedWork W2125657278 @default.
- W1523573003 hasRelatedWork W2180329272 @default.
- W1523573003 hasRelatedWork W2263876623 @default.
- W1523573003 hasRelatedWork W2295698612 @default.
- W1523573003 hasRelatedWork W2345698189 @default.
- W1523573003 hasRelatedWork W2898101110 @default.
- W1523573003 hasRelatedWork W2947497800 @default.
- W1523573003 hasRelatedWork W3111294259 @default.
- W1523573003 hasRelatedWork W3121207020 @default.
- W1523573003 hasRelatedWork W3136202598 @default.
- W1523573003 hasRelatedWork W361091861 @default.
- W1523573003 isParatext "false" @default.
- W1523573003 isRetracted "false" @default.
- W1523573003 magId "1523573003" @default.
- W1523573003 workType "article" @default.