Article ID: | iaor20021786 |
Country: | Netherlands |
Volume: | 134 |
Issue: | 3 |
Start Page Number: | 498 |
End Page Number: | 507 |
Publication Date: | Nov 2001 |
Journal: | European Journal of Operational Research |
Authors: | stermark Ralf |
Keywords: | statistics: multivariate |
In this paper evidence on the cointegration between the Finnish and Japanese financial markets is provided. The results – obtained by multivariate cointegration analysis – indicate that changes in the Nikkei financial market have an impact on the error correction mechanism of the Finnish stock market.