[PDF] Top 20 The Impact of unexpected changes in the benchmark rate on the Brazilian stock market

... Só para citar alguns artigos: Boyd, Jagannathan, Hu (2001) usam as surpresas não esperadas sobre a taxa de desemprego no mercado norte-americano para explicar o [r] ... See full document

... type of challenge in previous methodologies and the authors suggest changes in the model for event ...applied the traditional event study methodology as explained by ... See full document

... capture the effect of unexpected changes in exchange rates on stock returns is the rate of change in the US dollar/EUR exchange ... See full document

... test changes in correlation between stock and oil markets based on estimated wavelet ...biasses on correlation coefficent. Barraga, Ramos, and Veiga (2013), in their result, ... See full document

... indicators of price-impact costs aim to assess market resiliency and speed of price ...capture the price responsiveness to order flow movements since, intuitively, more liquid assets ... See full document

... influence on consumption by their daily product ...Here, the historical development over the last decades took the direction towards more informed and more demanding ...is the purchase ... See full document

... to the main sample that considers all Brazilian funds, the model was also tested in more restricted samples according to certain fund and stock ...above-average market returns ... See full document

... necessarily on OTC markets. Madhavan, Porter e Weaver (2005) analyze the beginning of a new computerized system on the Toronto Stock Exchange, which started to publicly ... See full document

... lack of earnings history, which increases speculations. The authors conclude that when in the beginning-of-period proxies have low sentiment, the following returns are relatively ... See full document

... findings of this study can be summarized as follows: the publication of the government budget proposal in the Parliament for discussion by political parties has a positive effect ... See full document

... Ukraine in the ranking of Global Competitiveness Index for 2012-2013 improved its positions by nine points and took 73 position among 144 countries of the world [6] which was under ... See full document

... been on the borderline between political and economic aspects in the regional integration ...process. The tax system, in the European Union, is a reflection of ... See full document

... those of Matos (2001) when they related the efficiency of the financial and legal system to access to sources of financing, using a sample including the largest companies from 30 ... See full document

... crises. The subprime financial crisis is defined as taking place from 01/08/2007 (Horta et ...trend in PSI 20. The period of the sovereign debt crisis is studied from 01/04/2010 ... See full document

... Abstract. The present study pursues highlighting the perspective of the Romanian stock market on the value of listed companies during a period fully marked ... See full document

... be the most important component of the financial system of a ...country. Stock exchanges not only provide a plate form to the companies a mean to raise capital but act as a ... See full document

... width in the xylem of Swietenia macrophylla King was investigated by dendrochronological methods in an undisturbed and a strongly disturbed tropical site near Aripuanã, Mato Grosso, Brazil ... See full document

... how the variations of the R t M affect R t GRI ...analyse the joint hypothesis H : α=0 0 =1 that is called spanning tests (Huberman and Kandel (1987) in order to analyse whether ... See full document

... Regarding the Portuguese stock market, Escalda (1993) and Mello and Escalda (1994) investigate if liquidity affects asset ...over the December 1987 to December 1993 period to compute different ... See full document

... stocks in a different way according to their characteristics justifies the adoption of this ...types of stocks are considered the hardest to value and the most difficult to ...to ... See full document