The Jordanian Stock Market—Should You Invest in It for Risk Diversification or Performance?

The Jordanian Stock Market—Should You Invest in It for Risk Diversification or Performance?
We analyze the performance of the Amman Stock Exchange (ASE) and its integration with other markets. Using cointegration techniques, we find that the ASE and other Arab stock markets are cointegrated, which implies little long-run risk diversification. However, there is no cointegrating relationship between the ASE and other emerging or developed READ MORE...

Publication date: August 2006
ISBN 9781451864472
$15.00

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