The Co-integration of European Stock Markets after the Launch of the Euro

@inproceedings{Fonseca2008TheCO,
  title={The Co-integration of European Stock Markets after the Launch of the Euro},
  author={Jose A. S. Fonseca},
  year={2008}
}
This article studies the international integration of the national stock markets of sixteen European countries. The international financial market is represented by two indices: a European index and a World index. The methodology of co-integration, used in this article, is the proper econometrical solution for the treatment of non-stationary series as those used in the present research. Complementarily, co-integration offers the possibility of distinguishing the long-term and the short-term… CONTINUE READING

References

Publications referenced by this paper.
SHOWING 1-10 OF 12 REFERENCES

Interdépendances entre Places Financières Européennes: une Analyse en terme de Cointégration et de Causalité”, document de recherche, ATER en Finance, Université de Rennes

A. Miloudi
  • 2003
VIEW 2 EXCERPTS

Co movements in national stock markets returns: Evidence of predictability, but not co-integration

A. Richards
  • Journal of Monetary Economics,
  • 1995
VIEW 1 EXCERPT