2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness …

generating empirical evidence on the cointegration of different export prices. We start our analysis with the assumption that … cointegration of price series. Then, we extend the error correction model to a multivariate cointegration analysis by cluster. We …

cointegration linking interest rates and inflation, and stationarity of the real interest rate implying in turn homogeneity of the … a world wide perspective the (average) Fisher coefficient is less than unity. Applying panel unit root and cointegration …

Threshold cointegration is introduced as an econometric technique to model the impact of trade disruptions on spatial … trade disruptions on prices. The threshold cointegration technique that is employed is flexible in that it allows the number …. We innovate on the threshold cointegration technique by selecting a measure of trade disruptions as the threshold …

Cointegration has frequently been used in the financial econometrics literature to assess the degree of interdependence … whether these indices are cointegrated. We show that while heteroscedasticity alone is able to mislead cointegration tests, it … features. We conclude that cointegration is not a suitable method to analyze stock market interdependence …