indices of some developed areas (SP and Eurostoxx) and those of the MENA countries. The results from wavelet correlation … analysis both among MENA stock markets and between these markets and some major stock markets suggests that MENA stock markets …

terms of trade and the trade balance through the wavelet correlation analysis, and nonparametric regression models …(GAMs). Wavelet correlation analysis indicates that, if the association between the trade balance and the terms of trade depends …