dc.contributor.author | Infante, Juan | |
dc.contributor.author | Río Caballero, Marta del | |
dc.contributor.author | Gil Alana, Luis A. | |
dc.date.accessioned | 2024-04-29T10:28:01Z | |
dc.date.available | 2024-04-29T10:28:01Z | |
dc.date.issued | 2024 | |
dc.identifier.citation | Infante, Juan and Rio, Marta del and Gil-Alana, Luis A., Persistence and Long Run Co-movements Between Gender Equality and Global Prices (February 9, 2024). Available at SSRN: https://ssrn.com/abstract=4721813 or http://dx.doi.org/10.2139/ssrn.4721813 | es |
dc.identifier.uri | https://hdl.handle.net/20.500.12766/605 | |
dc.description.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. | es |
dc.language.iso | eng | es |
dc.publisher | SSRN | es |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internacional | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
dc.title | Persistence and Long Run Co-movements Between Gender Equality and Global Prices | es |
dc.type | preprint | es |
dc.description.department | Empresa | es |
dc.identifier.doi | 10.2139/ssrn.4721813 | |
dc.rights.accessRights | open access | es |
dc.subject.keyword | Stock market prices | es |
dc.subject.keyword | Fractional integration | es |
dc.subject.keyword | Co-movements | es |
dc.subject.keyword | Main reversion | es |
dc.subject.keyword | Long memory. | es |