Dynamic linkages between the center and periphery in international stock markets
This paper examines the dynamic linkages between the equity market of US representing the center and emerging markets using the Granger-causality test. The findings show that causality runs from the S&P500 to the stock prices of the 15 emerging markets but not vice versa.
Year of publication: |
2009
|
---|---|
Authors: | Ozdemir, Zeynel Abidin ; Olgun, Hasan ; Saracoglu, Bedriye |
Published in: |
Research in International Business and Finance. - Elsevier, ISSN 0275-5319. - Vol. 23.2009, 1, p. 46-53
|
Publisher: |
Elsevier |
Subject: | Emerging markets Stock markets Granger-causality |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Dynamic linkages between the center and periphery in international stock markets
Ozdemir, Zeynel Abidin, (2009)
-
Testing the PPP hypothesis for G-7 countries
Akdi, Yilmaz, (2009)
-
The Feldstein-Hoiroka puzzle across countries
Ozdemir, Zeynel Abidin, (2009)
- More ...