... by the Israel–Hamas conflict, given the proximity of the Middle East to the Israel–Palestine region and the importance of the latter for ensuring economic and geopolitical stability in the Middle East. Overall, the results reveal a greater role of proximity in the intermediate context, while trade relations...

...Jung‐Suk Yu; M. Kabir Hassan Purpose The purpose of this paper is to examine the existence of rational speculative bubbles in the Middle East and North African (MENA) stock markets. Design/methodology/approach To complement shortcomings of the traditional bubble tests, such as unit root tests...

...Ananth Rao Purpose There is growing demand for research approaches that consider the functioning of financial markets in the emerging economy. The current paper aims to examine cointegration and volatility persistence of six Middle East emerging Arabian Gulf Cooperation council (AGCC) equity...

... examines this under‐researched area and is of value to finance academics and to global investors. Mohammed Omran can be contacted at: momran@aast.edu © Emerald Group Publishing Limited 2006 Emerging markets Econometrics Stock markets Middle East Over the past two decades...