Browsing School of Economic Sciences and Business by Author "WHEELWRIGHT, STEVEN C."
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An Analysis of the Interrelationships Among the Major World Stock Exchanges
Makridakis, Spyros; WHEELWRIGHT, STEVEN C. (Wiley, 1974-06)The method of principal component is used in this paper to analyse the interrelationship among the world's major stock exchanges. The major finding is that the interrelationship is unstable over time. This finding proves ...