Balcilar, Mehmet; Jooste, Charl; Hammoudeh, Shawkat; … - Institut de Préparation à l'Administration et à la … - 2014
We compare nonlinear cointegration tests with the standard cointegration tests in studying the relationship of the Dow Jones Islamic finance index with three other conventional equity market indices. Our results show that there is a long-run nonlinear cointegrating relationship between the Dow...