Baxa, Jaromír - In: Acta Oeconomica Pragensia 2007 (2007) 4, pp. 5-16
The PSE noted incredible increase in both trading volumes and prices of traded stocks during last five years. The PX index (former PX-50) reached the level of 1600 points at the end of 2006, which is almost four times higher than in 2001. Cointegration analysis can show us if the growth has been...