Aguiar-Conraria, Luis; Conceicao; Soares, Maria Joana - 2022
This paper takes a new look at an old issue: the coal market integration in significant regions: Europe (East and West … thermal coal market as a global market is nuanced, it depends on geography and frequencies. Regarding geographies, we conclude … market. At business cycle frequencies, we conclude that coal markets are as much a global market as the oil market (except …