Sökning: "Daniel Della Maggiora"

Hittade 1 uppsats innehållade orden Daniel Della Maggiora.

  1. 1. Johansen Cointegration Analysis of American and European Stock Market Indices: An Empirical Study

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Robert Skerman; Daniel Della Maggiora; [2009]
    Nyckelord :Cointegration; Johansen; Market Integration; American and European Markets; Economic Shocks; International; Management of enterprises; Företagsledning; management; Business and Economics;

    Sammanfattning : Cointegration analysis using the Johansen Method on 3 different sample periods (2-, 4-, and 8-year samples) concluded evidence of one cointegrating vector in the 2 and 8 year samples while the 4 year data gave mixed results suggesting the economic shock (Global Financial Crisis) of 2007 and on may have affected those results. Overall, we conclude little diversification benefits between the markets studied in the long-term, but see possible opportunities for excess returns in the short-term. LÄS MER