The aim of this paper is to investigate the long-term relationships between the major equity markets of nine EU member states and the dominant markets worldwide, such as the UK, USA, Japan and Australia, in the last ten years as well as in three subperiods, in order to explore an increase in the...

This paper examines whether the dynamic behaviour of stock market volatility for four Latin American stock markets (Argentina, Brazil, Chile and Mexico) and a mature stock market, that of the US, has changed during the last two decades. This period corresponds to years of significant financial...

This paper examines long-run relationships between four Latin America stock markets and a mature stock market that of the US. We estimate both the autoregressive and moving average representations of a VAR model as suggested by Johansen [Johansen, S. (1988). Statistical analysis of cointegrating...