Characteristics of the Korean stock mark
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Woo-Sung Jung; Seungbyung Chae; Jae-Suk Yang; Hie-Tae Moon
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Article
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2006
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Elsevier Science
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English
โ 202 KB
We establish in this study a network structure of the Korean stock market, one of the emerging markets, with its minimum spanning tree through the correlation matrix. Based on this analysis, it is found that the Korean stock market does not form the clusters of the business sectors or of the industr