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Purpose – The purpose of this paper is to examine the effects of the current global crisis on the integration and co-movements of selected stock index futures markets. Design/methodology/approach – Time series techniques of cointegration and weekly data covering the period from January 2001...
Persistent link: https://www.econbiz.de/10010815097
Purpose – The purpose of this paper is to focus on the empirical dimension of financial integration among the five newest members of the European Monetary Union (Cyprus, Estonia, Malta, Slovakia and Slovenia) and the euro area. The main objective is to study the level and the speed of...
Persistent link: https://www.econbiz.de/10010711289
This paper empirically measures the prevalence of heterogeneous technologies in a sample of small-scale agricultural producers as an answer to structural conditions and market risks. Such risks are closely linked to the effects of land fragmentation and the degree of market integration. We use...
Persistent link: https://www.econbiz.de/10010920657
Persistent link: https://www.econbiz.de/10004253267
Persistent link: https://www.econbiz.de/10004660612
Marktintegration, d. h. die Einbeziehung in den Steuerungs- und Ver-gütungsmechanismus des Strommarktes, sowie ihrer Systemintegration … in seiner aktuellen Ausgestaltung zur Marktintegration und/oder zur Systemintegration beiträgt, und ob es grundsätzlich … lassen, und welche Zusatzkosten der Integrationsadministrierung dabei entstehen (Effizienz). Während die Marktintegration i …
Persistent link: https://www.econbiz.de/10010980523
This paper investigates whether cointegration and causality relationships exist among the stock markets of the Portugal, Italy, Ireland, Greece and Spain (PIIGS) countries during the period 2005 to 2011. To accomplish our objective, we divide the sample period into two sub-periods (1 February...
Persistent link: https://www.econbiz.de/10010668773
During the October 9, 2007-March 9, 2009 period, the U.S. stock market experienced the worst bear market in its history since the Great Depression. Empirical studies show that exchange-traded country index funds can provide portfolio diversification benefits to investors in bull markets....
Persistent link: https://www.econbiz.de/10011206167