Publikace na Fakulta sociálních věd, Matematicko-fyzikální fakulta, Centrum pro ekonomický výzkum a doktorské studium |
2013
Abstrakt
This chapter provides an analysis of the effects of news and market shocks on price formation on emerging European Union (EU) stock markets. These markets are small relative to the mature markets in the EU and are under the substantial influence of both EU and U.S. markets.
The findings show that foreign news originating in developed markets dominates any effect of local news or external shocks.