KAVKLER, Alenka; FESTIC, Mejra - In: Ege Academic Review 11 (2011) Special Issue, pp. 1-8
In this paper, we examine the stock exchange index returns for the panel of 27 EU countries in the last ten years. Our method of choice is a special kind of tree models, namely model baþed recursive partitioning (MOB). The MOB algorithm uses the generalized M-fluctuation test to examine the...
