70
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

Stock returns in emerging markets: a common trend analysis

Pages 105-108 | Received 08 Mar 1996, Published online: 02 Nov 2006
 

Abstract

An empirical investigation is offered of the number of common trends in stock returns in seven Asian emerging markets. There is evidence of a single common trend. Following Kasa (Kasa, K., 1992, Common stochastic trends in international stock markets, Journal of Monetary Economics, 29, 95–124) a measure is obtained of common trend and graphic evidence is provided in favour of market interdependence.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.