Thalassinos, Eleftherios J.; Politis, Evagelos D. - In: European Research Studies Journal XIV (2011) 4, pp. 113-130
This study investigates the degree of co-integration between five major European stock markets and five major non European stock markets. The results show that all five major European stock markets are co-integrated either positively or negatively, while among the five major non European the...