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The Foreign Capital Flows and the Behavior of Stock Prices at BM&FBovespa

The main purpose of this article is to investigate alternative explanations for the impact of foreign capital flows on Ibovespa returns, including: trend chasing, information contribution and mutual feedback. Daily data of the period between 2005 and 2012 are analyzed using simultaneous equation mod...

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Sparad:
Bibliografiska uppgifter
I publikationen:BAR - Brazilian Administration Review
Huvudupphovsman: Antonio Zoratto Sanvicente
Materialtyp: Artigo
Språk:Inglês
Publicerad: Associação Nacional de Pós-Graduação e Pesquisa em Administração 2014
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Länkar:https://www.redalyc.org/articulo.oa?id=84129376005
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