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In this paper we develop a comprehensive Vector Autoregression Model consisting of five variables; the stock market and … provide partial support in favor of cointegration, and therefore for capital markets integration, among stock market indices …
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The late Middle Ages witnessed the transformation of the county of Holland from a peripheral agrarian region to a highly commercialised and urbanised one. This book examines how the organisation of commodity markets contributed to this remarkable development. Comparing Holland to England and...
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This special issue focuses on the financial behaviour of different participants in European medieval and early modern financial markets. It extends our knowledge of the financial strategies employed by households, merchants, charities, city governments and corporations by asking what investment...
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market prices. Our results are consistent with previous research showing that natural gas price returns in the short-term are … the natural gas market but not vice versa. …
Persistent link: https://www.econbiz.de/10012888238
This study analysed the dynamics of the international soybean market using econometric techniques and economic models … on the leaders in the international soybean market, namely, China, the USA, the EU, Brazil and Argentina. Several … the vector error correction model (VECM). The results showed a highly efficient and cointegrated market. The incidents of …
Persistent link: https://www.econbiz.de/10013493086
International commodity price shocks may have large impacts on producers in developing countries. In this paper, a unique household panel data from Ethiopia is utilized to show that a decrease in international coffee price has strong pass-through to the consumption of households that rely on...
Persistent link: https://www.econbiz.de/10014579730