The Structure of Interdependence in International Stock Markets

African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment

“…These works have for the most part considered short-run linkages of stock markets and have found the existence of shortrun stock market co-movements. The findings have been extended to cover co-movements of stock markets over the long-run (Bessler & Yang, 2003). Majority of studies have also revealed evidence of cointegration as well as short-run relationships which depict some form of convergence in stock markets.…”

Stock market integration and volatility spillover: India and its major Asian counterparts

“…All the above studies aimed at examining only the spillover of information among the national equity markets, but there are also some studies that focused on the possible factors or in short, the determinants of such information spillover among different markets. Elyasiani (1998), Janakiramanan (1998), Gilmore (2002), Hsiao (2003), Leong (2003), Nath (2003), Bessler (2003), Mukherjee (2005), Alexandr (2008), etc. are some of the important studies where the examination of return spillover across the markets has been the only concern.…”

Graphical causal models and VARs: an empirical assessment of the real business cycles hypothesis

“…These techniques have been developed by Spirtes et al (2000) and Pearl (2000) to a high level in artificial intelligence, but the number of applications to economics, although it is rapidly increasing, has been quite limited so far. This is quite surprising, because Swanson and Granger (1997), Hoover (2001), Reale and Tunnicliffe Wilson (2001), Bessler and Lee (2002), Awokuse and Bessler (2003), Bessler and Yang (2003), Demiralp and Hoover (2003), Haigh and Bessler (2004) have proven the reliability of this method.…”