Abstract
A stock market index is a tool for measuring the performance of an entire stock market or group of related stocks. It plays an important role in finance, as it is often associated with particular stock exchanges or industries, which is used in many finance and econometric applications and models (Gourieroux and Jasiak 2001) for analyzing the empirical characteristics of the financial system and the stock market.
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© 2005 Springer-Verlag Berlin Heidelberg
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Islam, S.M.N., Watanapalachaikul, S. (2005). Descriptive Statistics and General Characteristics of the Stock Market. In: Empirical Finance. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2666-1_3
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DOI: https://doi.org/10.1007/978-3-7908-2666-1_3
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-1551-1
Online ISBN: 978-3-7908-2666-1
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