A study of the relationship between the ADRs and some relative variables and it''s arbitrage strategies
碩士 === 淡江大學 === 財務金融學系 === 89 === This paper extends previous research by considering three pricing factors for American Depository Receipts(ADRs):the price of underlying shares in Taiwan, the relevant exchange rate(NT$/US$), and the US market index(Nasdaq). Using both a vector autoregressive(VAR) m...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2001
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| Online Access: | http://ndltd.ncl.edu.tw/handle/57455657986732449766 |