Arouri, Mohamed El Hedi; Jawadi, Fredj; Mouak, Prosper - In: Economie Internationale (2011) 126-127, pp. 73-90
This paper studies the speculative efficiency of the aluminum contract traded in the London Metal Exchange over the last three decades. We investigate both short and long-run efficiency using linear and nonlinear cointegration approaches and Error Correction Models (ECM). Our findings point out...