integration was proceeding. Design/methodology/approach – Johansen’s cointegration technique and the exponential generalized …

2008. They investigate long-run and short-run dynamics using cointegration techniques, Granger causality tests and vector …

developments imply bivariate cointegration among stock prices, dividends, output and consumption where independent models identify … key theoretical cointegration vectors. Design/methodology/approach – This paper considers both Johansen and Horvath …–Watson testing approaches for cointegration. This paper also examines the forecasting power of these cointegrating relationships …

/methodology/approach – The paper adopts unit roots and cointegration, error‐correction modelling, variance decomposition analysis, and impulse … weaknesses in relation to unit root and cointegration tests which previous studies in the area of the paper have overlooked …

Johansen’s cointegration technique ( ); single equation error correction model based on ) and ); and the ) approach. The author …–WPI relation. Findings The author finds no evidence of cointegration between gold and WPI. However, The author reports a …

Outlines previous research on cointegration between capital markets and assesses the degree of cointegration between …

cointegration and error corrected Granger causality between the fund discounts and indices which proxy for UK and US investor … sentiment. Discusses the results, which support both theories for UK CEFs and show some evidence of cointegration and …