Levy, Tamir; Yagil, Joseph - In: Journal of International Financial Markets, … 26 (2013) C, pp. 91-99
This study investigates the impact of a change in the methodology of constructing a stock index on the stability of a stock exchange. In July 2010, the Tel Aviv Stock Exchange changed the criteria for the construction of five of its indices. Using data from these five stock indices for the years...