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How the Change of Governing Party Influences the Efficiency of Financial Market in Poland
Dynamic Econometric Models
View Archive Info| Field | Value | |
| Title |
How the Change of Governing Party Influences the Efficiency of Financial Market in Poland
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| Creator |
Witkowska, Dorota; University of Lodz
Kompa, Krzysztof; Warsaw University of Life Sciences, Department of Econometrics and Statistics |
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| Subject |
stable growth open mutual funds; investment efficiency; Sharpe model; CAPM, Sharpe, Treynor and Jensen ratios
G11; C12 |
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| Description |
Financial market seems to be sensitive to political changes, especially when the change of governing party is connected with essential changes of the economic development concepts. Such situation took place in Poland in 2015, as a result of the presidential and parliamentary elections. The aim of our research is to investigate the changes occurred on the market, represented by some stable growth open mutual funds, and stock indexes: WIG and TBSP. Analysis is provided applying single index and CAPM models, classical investment performance measures, and statistical interference.
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| Publisher |
Nicolaus Copernicus University
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| Contributor |
—
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| Date |
2017-12-28
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://apcz.umk.pl/czasopisma/index.php/DEM/article/view/DEM.2017.009
10.12775/DEM.2017.009 |
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| Source |
Dynamic Econometric Models; Vol 17 (2017); 147-159
Dynamic Econometric Models; Vol 17 (2017); 147-159 2450-7067 1234-3862 |
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| Language |
eng
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| Relation |
http://apcz.umk.pl/czasopisma/index.php/DEM/article/view/DEM.2017.009/14207
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| Rights |
Copyright (c) 2018 Dynamic Econometric Models
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