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- W2772593098 abstract "This paper tests the stationarity and cointegration of the historical daily data on the S&P 500 and the Costa Rican Bolsa Nacional de Valores (BNV). Both the Engle-Granger and Johansen Cointegration Tests are used to estimate this relationship. Results suggest that S&P 500 data and BNV are cointegrated although causal indicators between the two methods are contradictory. Specifically, the Granger Causality test suggests the S&P 500 is causal of BNV movement, while the coefficients in the error corrected model of the Johansen test are insignificant between S&P lags and BNV movement" @default.
- W2772593098 created "2017-12-22" @default.
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- W2772593098 date "2017-01-01" @default.
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- W2772593098 title "U.S. And Costa Rica Stock Market Cointegration" @default.
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