United we stand, divided we fall: A PANICCA test evidence for stock exchanges in OECD
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DOI: 10.1016/j.frl.2018.06.003
Abstract: This study offers a new evidence for the nonstationary behavior of OECD stock prices using the PANICCA test of Reese and Westerlund (2016) which is a combined approach of the Principal Components-based Panel analysis of… read more here.
Keywords: panicca test; stand divided; united stand; evidence ... See more keywords