Additional material and detail results of regression models in:
Mispricing and Lasting Arbitrage between Parallel Markets in the Czech Republic
with Libor Nemecek
European Journal of Finance, 2001



Motivation for the arbitrage:    Figure A.1 Mispricing in two subsequent trading sessions


Sign test:
 
Segment A1
Segment A2
Segment B2



Return to:
Jan Hanousek's research home page
CERGE-EI home page
I support all generic browsers.
Updated November 22, 1999.