Rentabilidad y eficiencia en el mercado de acciones español
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1
Universitat de València
info
Argitalpen urtea: 1990
Zenbakia: 5
Orrialdeak: 1-49
Mota: Laneko dokumentua
Laburpena
This paper makes an approximation to the efficiency problema in the Spanish stock market. After presenting a characterization of the real monthly output for the period 1941-1989, it analyzes the seasonality, the volatility of share prices in relation to the dividends they generate and, finally, the output autocorrelation. The obtained results cal1 in question the efficiency of our stock market.