Shah, Syed Muhammad Aamir; Husnain, Muhammad; Ali, Ashraf - In: Romanian Economic Journal 15 (2012) 45, pp. 289-324
This study looks at the dynamic relationship between the Pakistani equity market and equity markets of Group of Eight … long-term relationship between the G8 and Pakistani equity market. Vector error correction (VECM) model suggests that 100 … Pakistani equity market are due to its own innovation and behave like exogenous. However, the markets of France, Japan, Germany …