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003			ZW-GwMSU
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008			240508b |||||||| |||| 00| 0 eng d
022			_a10168737
040			_aMSU _bEnglish _cMSU _erda
050	0	0	_aHB1A1 INT
100	1		_aPierdzioch, Christian _eauthor
245	1	0	_aOn the linkages of the stock markets of the NAFTA countries : _bfundamentals or speculative bubbles? _ccreated by
264	1		_aAbingdon: _bTaylor and Francis, _c2013
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aInternational economic journal _vVolume 27, number 3
520	3		_aWe analyze whether the linkages between the stock markets of the NAFTA member countries (Canada, Mexico, and the United States) reflect movements in fundamentals or speculative bubbles. To this end, we estimate a state-space model to decompose the stock market indexes of the three NAFTA member countries into fundamentals and speculative bubbles. We analyze the linkages of the three stock markets by means of cointegration techniques. Evidence of cointegration linkages between fundamentals is stronger than evidence of cointegration linkages between speculative bubbles.
650			_aNAFTA _vFundamentals _xSpeculative bubbles, State-space model, Cointegration analysis, Stock market, Free trade agreement _zUSMCA countries,
700	1		_aKizys, Renatas _eco-author
856			_uhttps://doi.org/10.1080/10168737.2012.660182
942			_2lcc _cJA
999			_c165369 _d165369