Stângă, Elena; Anghel, Flavia; Avrigeanu, Alina - In: Romanian Economic Business Review 5 (2010) 1, pp. 96-105
This paper presents a strategy of asset allocation based on the concept of cointegration. The method used can be applied on non-stationary data and has the advantage of using the whole set of information given by the financial variables. The cointegration approach is used for the construction of...