Co-movement of stock price indices between United States and the Asian stock markets.

• Main Authors: Tang, Wee Pin., Teo, Jaclynn Tiong Lym.
• Other Authors: Cao, Yong
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Stock exchanges
• Online Access: http://hdl.handle.net/10356/9134
• Institution: Nanyang Technological University

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...