Asset Pricing using a Network Approach

Fecha

2019

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Editor

Universidad EAFIT

Resumen

This paper approaches the U.S. stock market as a network and explains stocks’ returns by taking into account community formation among securities and its centrality inside the network. This approach differs from the ones previously reported in that it analyzes complex systems of connected assets and considers characteristics generally ignored in financial markets.

Descripción

Palabras clave

Teoría de redes, Mercados financieros

Citación