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Eine Intermarket-Analyse der Komponenten der Geld-Brief-Spanne

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Brand
Springer Nature
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N/A
Part Number
0
GTIN
9783824478057
Condition
New
Product Description

Die Marktmikrostruktur der Effektenmrkte ist in den letzten Jahren immer strker in den Mittelpunkt des Forschungsinteresses der deutschen Betriebswirtschaftslehre getreten. In der Vergangenheit waren es hauptschlich amerikanische Studien, die sich mit der Liquiditt und der Handelseffizienz an einer Wertpapierbrse an Hand von empirischen Untersuchungen der Geld-Brief-Spanne beschftigt haben. Jrgen Wolff untersucht die Geld-Brief-Spanne in zwei Segmenten des deutschen Aktienmarktes: dem amtlichen Handel und dem Neuen Markt. Eine Betrachtung der innertglichen Vernderungen der Geld-Brief-Spanne zeigt, dass asymmetrische Informationsverteilung in den beiden untersuchten Segmenten keine dominante Rolle spielt. Die Ergebnisse aus den Schtzungen der einzelnen Komponenten der Geld-Brief-Spanne stimmen mit Ergebnissen aus Studien des amerikanischen Aktienmarktes berein.

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