the standard time series techniques such as, Johansen cointegration technique, vector error correction model (VECM … integration process as evidenced in the dynamic rolling cointegration approach. VECM and VDC indicate that the Malaysian equity …), variance decompositions (VDCs), followed by the application of the recent dynamic rolling cointegration, Beveridge-Nelson (BN …

DCC, Dynamic Cointegration, Market Synchronisation Measure and Common Components Approach. The results suggest that large …

(1988) and Johansen and Juselius (1990) cointegration tests and VECM approach in investigating the dynamic linkages between …

during the period of 1987-2004 using bounds testing approach to cointegration. In order to explain the main determinants of … model.The cointegration tests indicate the presence of a long-run relationship between the current account and budget … deficits as well as the domestic investments during the estimation period. As a result, it is concluded that the twin deficits …

during the period of 1987-2004 using bounds testing approach to cointegration. In order to explain the main determinants of … model.The cointegration tests indicate the presence of a long-run relationship between the current account and budget … deficits as well as the domestic investments during the estimation period. As a result, it is concluded that the twin deficit …