Assessing causal linkages between the emerging stock markets of Asia and Russia
Pesonen, Hanna (12.06.1998)
Numero
4/1998Julkaisija
Suomen PankkiBank of Finland
1998
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408113001Tiivistelmä
This paper examines the driving forces in stock market fluctuations in Russia.We found no evidence of a causal relationship running from the emerging stock markets of Asia to Russia.Instead, US and Japanese share price movements seem to have strong implications for Russian share prices. Keywords: Russia, stock markets, causality testing
Julkaisuhuomautus
Uudelleenjulkaistu pdf-muodossa 2002 (Idäntalouksien yksikön sarja)Reprint in PDF format 2002 (Unit for Eastern European Economies series)