Add to ORKGIn this study, we use the newly developed momentum threshold unit root and cointegration tests advanced by Enders and Granger (1998), and Enders and Siklos (2001) to investigate if there is any asymmetric adjustment in long-run prices and dividends in Taiwan¡¦s stock market during June 1991 to February 2005. The empirical results indicate that long-run prices and dividends cointegration relationship holds for the majority of Taiwan¡¦s stock market, but that adjustment mechanism is asymmetric. The results for most industries from the M-TAR cointegration tests attest to the absence of rational bubbles in Taiwan¡¦s stock market. These results have important policy implications for investors
[[abstract]]This study attempts to explore whether there exist long-run gains from international equ...
This note studies the long-run relationship between real estate and stock markets in the Taiwan cont...
[[abstract]]This study applies threshold cointegration test advanced by Enders and Siklos (2001) to ...
[[abstract]]In this study, we use the newly developed momentum threshold unit root and cointegration...
[[abstract]]This paper empirically investigates the exchange rate effects of the New Taiwan dollar a...
[[abstract]]Many recent studies have focused on the relationship between American Depository Receipt...
This paper investigates the asymmetric causal relationships between exchange rate and stock indices ...
[[abstract]]This paper employs four cointegration test approaches, PO, HI, JJ and KSS, to test for p...
ABSTRACT Due to the information asymmetry in Taiwan’s stock market, this study investigates the vari...
Due to the information asymmetry in Taiwan’s stock market, this study investigates the variation of ...
This paper investigates the co-integration and causal relationships by threshold model and non-linea...
[[abstract]]This note studies the long-run relationship between real estate and stock markets in the...
This study attempts to explore whether there exist long-run gains from international equity diversif...
This note provides evidence that there exist long-run benefits for Taiwan investors from diversifyin...
In this study, we revisit the issue as to the presence of rational bubbles in the Taiwan stock marke...
[[abstract]]This study attempts to explore whether there exist long-run gains from international equ...
This note studies the long-run relationship between real estate and stock markets in the Taiwan cont...
[[abstract]]This study applies threshold cointegration test advanced by Enders and Siklos (2001) to ...
[[abstract]]In this study, we use the newly developed momentum threshold unit root and cointegration...
[[abstract]]This paper empirically investigates the exchange rate effects of the New Taiwan dollar a...
[[abstract]]Many recent studies have focused on the relationship between American Depository Receipt...
This paper investigates the asymmetric causal relationships between exchange rate and stock indices ...
[[abstract]]This paper employs four cointegration test approaches, PO, HI, JJ and KSS, to test for p...
ABSTRACT Due to the information asymmetry in Taiwan’s stock market, this study investigates the vari...
Due to the information asymmetry in Taiwan’s stock market, this study investigates the variation of ...
This paper investigates the co-integration and causal relationships by threshold model and non-linea...
[[abstract]]This note studies the long-run relationship between real estate and stock markets in the...
This study attempts to explore whether there exist long-run gains from international equity diversif...
This note provides evidence that there exist long-run benefits for Taiwan investors from diversifyin...
In this study, we revisit the issue as to the presence of rational bubbles in the Taiwan stock marke...
[[abstract]]This study attempts to explore whether there exist long-run gains from international equ...
This note studies the long-run relationship between real estate and stock markets in the Taiwan cont...
[[abstract]]This study applies threshold cointegration test advanced by Enders and Siklos (2001) to ...