Abstract
Through a structural vector autoregression model the effect of the European and US stock exchanges on the Athens stock exchange (ASE) is examined. Consistent with other studies on the effect of large stock markets on smaller regional ones, we find that both the European and US stock exchanges affect ASE, with the European markets exhibiting greater and more immediate effect.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
