Short-term effects of analysts recommendations in Spanish blue chips returns and trading volumes

The purpose of this paper is to investigate the effects of stock recommendations in returns and trading volumes. Unlike previous research we have investigated the five most usual types of recommendations: buy, outperform, hold, underperform and sell. The methodology we propose is also different f...

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Bibliographic Details
Main Author: Josep García
Format: Article
Language:English
Published: Universidad de Chile 2016-04-01
Series:Estudios de Economía
Online Access:https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40219