Explaining Stock Market Correlation: A Gravity Model Approach
نویسندگان
چکیده
منابع مشابه
Explaining Stock Market Correlation:
A gravity model, frequently used to explain trade patterns, is used to explain stock market correlations. The main result of the trade literature is that geography matters for goods markets. Physical location and trading costs should be less of an issue in asset markets. However we find that geographical variables still matter when examining equity market linkages. In particular, the number of ...
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ژورنال
عنوان ژورنال: The Manchester School
سال: 2002
ISSN: 1463-6786,1467-9957
DOI: 10.1111/1467-9957.70.s1.5