Co-movement of stock price indices between United States and the Asian stock markets.
The objective of this paper is to examine the interrelationships between the US and Asian countries using cointegration analysis. Evidence of cointegration suggests that long run equilibrium relationship exist amongst these countries. Interdependence between them indicates that there are no long-run...
Saved in:
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/9134 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| Summary: | The objective of this paper is to examine the interrelationships between the US and Asian countries using cointegration analysis. Evidence of cointegration suggests that long run equilibrium relationship exist amongst these countries. Interdependence between them indicates that there are no long-run potential gains from diversifying investments between these stock markets. |
|---|