Keywords: Extremely negative returns
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Journal Articles
Journal of Economic Studies (2022) 49 (8): 1502–1523.
Published: 07 December 2021
.../methodology/approach The research decomposes Bombay Stock Exchange (BSE) Sensex returns into Extremely Positive Returns (EPR) and Extremely Negative Returns (ENR) based on extreme values at first and then tests their lead–lag relations. Findings The empirical finding is consistent with the existing...

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