The Use of Risk and Return for Testing the Stability of Stock Markets
The European Central Bank stipulates that a financial system is stable if the financial risks are evaluated and rewarded correctly and if the economic and financial shocks are absorbed. When analyzing the return and volatility of the stock exchanges we may ascertain that a stock exchange is stabl...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2014-04-01
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| Series: | Acta Universitatis Danubius: Oeconomica |
| Subjects: | |
| Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2181/2093 |