This paper investigates the relationship between stock price and trading volume in twenty four international equity indices for the period 2002-2007. This study begins with testing for stationarity, and then uses a VAR model to implement the Granger Causality test. Empirical results are mixed...

This article investigates the random walk behavior of CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) foreign exchange rates against the US dollar using weekly data from February 2007 to April 2012. Using variance ratio tests, the results suggest that the nominal exchange...