ANALYSIS OF SPATIAL DEPENDENCE BETWEEN STOCK INDICES
ANÁLISIS DE LA DEPENDENCIA ESPACIAL ENTRE ÍNDICES BURSÁTILES
Carlos Acuña, Catalina Bolancé, Salvador Torra
Artículo en Anales del Instituto de Actuarios Españoles 2018
We discuss the benefits of using neighbourhood relations between stock markets based on time criteria, such as the time differences between countries and the simultaneous opening hours between markets, when they are compared with the distance in kilometres o...