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Decentralization and Transition in the Visegrad. Poland, Hungary, the Czech Republic and Slovakiaby Emil J. Kirchner

✍ Scribed by Review by: Frances Millard

Book ID
125183337
Publisher
Maney Publishing
Year
2001
Tongue
English
Weight
158 KB
Volume
79
Category
Article
ISSN
0037-6795

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## Abstract In this paper, we study the regional and global integration of stock markets in Hungary, Poland and the Czech Republic. We estimate a vector autoregression with a multivariate GARCH component and perform a variety of diagnostic tests. Our main empirical result is the existence of limite