Kitov, Ivan O. - In: Theoretical and Practical Research in Economic Fields I (2010) 1, pp. 59-85
Share prices of financial companies from the S&P 500 list have been modeled by a linear function of consumer price indices in the USA. The Johansen and Engle-Granger tests for cointegration both demonstrated the presence of an equilibrium long-term relation between observed and predicted time...