Islamic stock markets and potential diversification benefits
The aim of this paper is to investigate whether the dynamic integration across a large set of developed and emerging Islamic stock markets allows potential diversification benefits in tranquil and turmoil periods. Using the multivariate cointegration test, we find the presence of long-run equilibriu...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2015-06-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845015000137 |