masterThesis
Asset Pricing using a Network Approach
Fecha
2019Autor
Isaza Cadavid, Juan Esteban
Institución
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.