Memoire Online - Transactions de bloc, évaluation et impacts sur les prix.

Transactions de bloc, évaluation et impacts sur les prix.

Annexe III

Bibliographie

Figure III.1 Tests selon lesquels les impacts prix des blocs vendeurs seront nuls

^0,012928 ^0,071656 ^0,035999 ^0,042968 ^0,016145 ^0,071755 ^0,036475 ^0,045426 ^0,024083 ^0,078437 ^0,043666 ^0,052773 ^-0,057787 ^-0,016259 ^-0,049743

Figure III.2 Tests selon lesquels les impacts prix des blocs acheteurs seront nuls

^0,039742 ^0,055659 ^0,041452 ^0,058441 ^0,04576 ^0,060284 ^0,048291 ^0,064377 ^0,050751 ^0,06697 ^0,062115 ^0,07708 ^0,05864 ^0,079198 ^0,064738 ^0,079425 ^0,064139 ^0,078986

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^{ln (pb/ pt+1)} ^{ln (pb/t+3)} ^ln ( ^pb/pt+6) ^{ln (pb/pt+20)} ^pt+1/pt-1 ^pt+1/pt-3 ^pt+1/pt-6 ^pt+1/pt-20 ^pt+3/pt-1 ^pt+3/pt-3 ^pt+3/pt-6 ^pt+3/pt-20 ^pt+6/pt-1 ^pt+6/pt-3 ^pt+6/pt-6 ^pt+6/pt-20

^t

^-5,014 ^-5,402 ^-5,415 ^-5,481 ^-0,677

¹ ^-0,111 ^3,223 ^2,325 ^1,406 ^0,438 ^4,161 ^1,384 ^1,364 ^0,406 ^3,457

^ddl

²¹⁸

²¹⁸

²¹⁸

²¹⁷

²¹⁸ ²¹⁸ ²¹⁵ ²¹⁸ ²¹⁸ ²¹⁸

²¹⁵

²¹⁷

²¹⁸

²¹⁸

²¹⁶

²¹⁷

^{Sig. (bilatérale)}

⁰ ⁰ ⁰ ⁰

^0,499 ^0,319 ^0,912 ^0,001 ^0,021 ^0,161 ^0,662

⁰ ^0,168 ^0,174 ^0,685 ^0,001

^{Valeur du test} = ⁰

^Différence

^moyenne ^-0,0918105 ^-0,1005514 ^-0,1007677 ^-0,1056417 ^-0,0017338 ^0,0211836 ^-0,0016351 ^0,0206625 ^0,0069967 ^0,0298371 ^0,0065412 ^0,0291569 ^0,0066592 ^0,0293507 ^0,0062321 ^0,0289299

^Inférieure

^-0,1279 ^-0,137236 ^-0,137444 ^-0,143631 ^-0,00678 ^-0,020584 ^-0,030722 ^0,008027 ^0,001065 ^-0,011981 ^-0,022916 ^0,015346 ^-0,002827 ^-0,013054 ^-0,024011 ^0,012434

^{Intervalle de confiance 95% de}

^{la différence}

^Supérieure ^-0,055721 ^-0,063866 ^-0,064091 ^-0,067652 ^0,003313 ^0,062951 ^0,027452 ^0,033298