Money, Stock Prices and Central Banks A Cointegrated VAR Analysis
This contribution applies the cointegrated vector autoregressive (CVAR) model to analyze the long-run behavior and short-run dynamics of stock markets across five developed and three emerging economies. The main objective is to check whether liquidity conditions play an important role in stock marke...
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| Format: | Electronic Resource |
| Language: | English |
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Heidelberg
Physica-Verlag HD Imprint: Physica
2011.
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| Series: | Contributions to Economics
1431-1933 |
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| Online Access: | Available for University of the Philippines Diliman via SpringerLink. Click here to access |