Fernandez-Serrano, Jose; Sosvilla-Rivero, Simon - In: Applied Economics 35 (2003) 12, pp. 1423-1434
This paper examines the linkages between US and Latin American stock markets during the 1995-2002 period using recently developed cointegration techniques that allow for structural shifts in the long-run relationship. Results suggest that when conventional cointegration tests are applied, a...