Alagidede, Paul; Panagiotidis, Theodore; Zhang, Xu - In: The Journal of International Trade & Economic Development 20 (2011) 1, pp. 67-86
This article investigates the nature of the causal linkage between stock markets and foreign exchange markets in Australia, Canada, Japan, Switzerland, and UK from January 1992 to December 2005. Recently developed cointegration tests are employed and no evidence of a long-run relationship...
