The euro was launched, on 1 January 1999, as a common currency for members of the European Union that complied with the … impact of the euro on the degree of market integration by looking at the comovement of the European equity markets and a … sample of OECD equity markets. Weekly stock market indices for the period covering seven years before the euro and seven …

volatility, which has not been studied earlier. The study examines squared stock index returns of equity in 35 markets, including … the US, UK, Euro Zone and BRICS (Brazil, Russia, India, China and South Africa) countries, as a proxy for the measurement … of volatility. Results from the conditional heteroskedasticity long memory model show the evidence of long memory in the …