@unpublished{20.500.12766/605,
year = {2024},
url = {https://hdl.handle.net/20.500.12766/605},
abstract = {This paper looks into the continuous trends, steadiness and associations of gender equality and global indices. We examine the level of integration of each group of information from a fractional standpoint for the years 2014-2021. The findings demonstrate that all the individual series are remarkably consistent, with levels of integration close to 1 and no evidence of mean reverting behaviour. Looking at potential cointegrating relationships among the two variables, if we use a classical method based on the two steps approach of Engle and Granger (1987) the order of integration of the estimated errors is very close to 1 showing no evidence of cointegration at all. However, using the more powerful fractional CVAR (FCVAR) approach, the results strongly support the hypothesis of cointegration, finding evidence of long run co-movements between the two series. Investment strategies and policy implications of these results are reported at the end of the manuscript.},
publisher = {SSRN},
title = {Persistence and Long Run Co-movements Between Gender Equality and Global Prices},
doi = {10.2139/ssrn.4721813},
keywords = {Stock market prices},
keywords = {Fractional integration},
keywords = {Co-movements},
keywords = {Main reversion},
keywords = {Long memory.},
author = {Infante, Juan and Río Caballero, Marta del and Gil Alana, Luis A.},
}