Aguiar-Conraria, Luis; Conceicao; Soares, Maria Joana - 2022
This paper takes a new look at an old issue: the coal market integration in significant regions: Europe (East and West … thermal coal market as a global market is nuanced, it depends on geography and frequencies. Regarding geographies, we conclude …. Regarding frequencies, at high frequencies (short-run fluctuations), we reject the hypothesis of the existence of a global coal …