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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| Publicat a: | BAR - Brazilian Administration Review |
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| Autor principal: | |
| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
Associação Nacional de Pós-Graduação e Pesquisa em Administração
2014
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| Matèries: | |
| Accés en línia: | https://www.redalyc.org/articulo.oa?id=84129376005 |
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