APPLICATION OF THE DIVISIA INDEX WITH INTERCONNECTED FACTORS IN THE WARSAW STOCK EXCHANGE INDEX (WIG) FLUCTUATION ANALYSIS

Application of the Divisia Index with Interconnected Factors in the Warsaw Stock Exchange Index (WIG) fluctuation analysis

This paper presents a method of economic factorial analysis based on the Motherboard Battery Divisia index extended to interconnected factors.We verify the applicability of the presented method to financial market research by examining fluctuations of the Warsaw Stock Exchange WIG Index (WIG).We consider four main factors of WIG changes: the GDP gr

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