Ítem
Acceso Abierto
Testing for Stock Market Integration in a Developing Economy: Colombia
dc.creator | Gutiérrez Ramírez, Luis Hernando | |
dc.creator | Otero Cardona, Jesús Gilberto | |
dc.date.accessioned | 2015-10-01T19:24:56Z | |
dc.date.available | 2015-10-01T19:24:56Z | |
dc.date.created | 2006-08 | |
dc.date.issued | 2006 | |
dc.description.abstract | This paper examines the linkage between two parallel stock exchanges trading the same shares in Colombia, namely the Bogotá Stock Exchange and the Medellín Stock Exchange. We provide empirical evidence to support the hypothesis that these two markets can be best described as fully integrated over a period of almost four decades, which is consistent with the view that arbitrage opportunities are only possible in the short but not in the long run. In addition, we find evide | eng |
dc.format.extent | 12 páginas | spa |
dc.format.medium | Recurso electrónico | spa |
dc.format.mimetype | application/pdf | |
dc.format.tipo | Documento | spa |
dc.identifier.doi | https://doi.org/10.48713/10336_10945 | |
dc.identifier.editorial | Universidad del Rosario, Facultad de Economía | spa |
dc.identifier.uri | http://repository.urosario.edu.co/handle/10336/10945 | |
dc.language.iso | spa | |
dc.publisher | Universidad del Rosario | spa |
dc.publisher.department | Facultad de Economía | spa |
dc.relation.citationIssue | No. 4 | |
dc.relation.citationTitle | Serie Documentos de trabajo. Economía | |
dc.relation.ispartof | Economía. Documentos de trabajo, No. 4 | spa |
dc.relation.isversionof | 1 | spa |
dc.relation.uri | https://ideas.repec.org/p/col/000092/003560.html | |
dc.rights.accesRights | info:eu-repo/semantics/openAccess | |
dc.rights.acceso | Abierto (Texto completo) | spa |
dc.rights.cc | Atribución-NoComercial-SinDerivadas 2.5 Colombia | spa |
dc.source.instname | instname:Universidad del Rosario | spa |
dc.source.instname | instname:Universidad del Rosario | spa |
dc.source.reponame | reponame:Repositorio Institucional EdocUR | spa |
dc.subject | Stock market | spa |
dc.subject | Cointegration | spa |
dc.subject | Arbitrage | spa |
dc.subject | Colombia | spa |
dc.subject.ddc | Economía financiera | |
dc.subject.keyword | Stock market | eng |
dc.subject.keyword | Cointegration | eng |
dc.subject.keyword | Arbitrage | eng |
dc.subject.keyword | Colombia | eng |
dc.subject.lemb | Bolsa de valores::Colombia | spa |
dc.subject.lemb | Mercado de valores::Colombia | spa |
dc.subject.lemb | Mercado de capitales::Colombia | spa |
dc.title | Testing for Stock Market Integration in a Developing Economy: Colombia | spa |
dc.type | workingPaper | eng |
dc.type.hasVersion | info:eu-repo/semantics/acceptedVersion | |
dc.type.spa | Documento de trabajo | spa |