Αλληλεξάρτηση του Χρηματιστηρίου Αξιών Αθηνών με τις διεθνείς αγορές πριν και μετά το κραχ του Οκτωβρίου 1987

Abstract

This paper uses recent developments in the theory of cointegration and error-corection medels to
provide new evidence on the international stock market linkages with the Athens Stock Exchange (ASE)
for the period 1/1974 - 3/1994. The ASE is found to have considerable links with other European
emerging markets during the post-October crash period.