...Dilip Kumar; S. Maheswaran Purpose The main purpose of this paper is to examine the asymmetry and long memory properties in the volatility of the stock indices of the PIIGS economies (Portugal, Ireland, Italy, Greece and Spain). Design/methodology/approach The paper utilizes the wavelets...

... of analysis companies in countries with a more developed capital market than Portugal, we consider it relevant to study the Portuguese situation, so as to find out how the limited development of the Portuguese capital market can affect the results obtained, concerning adjustment of debt towards the optimal...