O'Reilly logo

Rethinking Valuation and Pricing Models by Greg N. Gregoriou, Christian Hoppe, Carsten Wehn

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

36

Investment Opportunities in Australia’s Healthcare Stock Markets After the Recent Global Financial Crisis

Jonathan Penm, Betty Chaar and Rebekah Moles

University of Sydney

Chapter Outline

36.1 Introduction

There has already been widespread use of vector autoregressive (VAR) models and vector error-correction models (VECM) for analyzing dynamic relationships among financial variables. Granger (1981), Sims (1980) and Sargent (1987), who won Nobel Prizes in Economics, advocated the use of full-order VAR modeling to capture the linear interdependencies among multiple time series. Engle and Granger (1987) noted ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required