Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos - 2019
indices, namely the FTSE100 (UK), DAX30 (Germany), CAC40 (France), IBEX35 (Spain) and FTSE MIB40 (Italy), using fractional … integration methods. The empirical results provide no evidence of non-linearities in either prices or returns; the former are …