72nd International Atlantic Economic Conference

October 20 - 23, 2011 | Washington, USA

Development of capital markets in the Balkan region

Saturday, 22 October 2011: 3:00 PM
Krzysztof Kompa, Ph.D. , Department of Informatics, Warsaw University of Life Sciences, Warszawa, Poland
The aim of research is analysis of the development of stock exchanges in Sofia, Bucharest and Ljubljana in the years 2000-2010. The analysis is provided for the logarithmic rates of return of main stock indexes quoted in the investigated countries, employing central tendency, dispersion and skewness measures as well as statistical inference and financial econometrics. The research is provided for the whole period and for sub-periods that are distinguished due to the general tendency at capital markets.