Pruebas de no linealidad de los rendimientos del mercado mexicano accionario: coeficientes de Lyapunov

We examine the non-linearity of the Mexican Stock Market daily returns. We find empirical evidence to reject lineal specifications in the behavior of the stock returns. As a consequence, most of the findings based on lineal methods regarding the stock market in Mexico may be questioned. We also test...

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Bibliographic Details

Main Author:	Lorenzo Valdés, Arturo
Format:	Online
Language:	Spanish
Editor:	El Colegio de México, A.C. 2002
Subjects:	coeficientes de Lyapunov rendimiento C52 C51 Lyapunov dominant exponent returns
Online Access:	https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/191
Journal:	Estudios Económicos