TY  - Type of reference 
TI  - Mathematical error‐correction modeling of the liquidity of the stock market. Application: Impact of Market Structure and Institutional Savings on the Capital Market 
AU  - Norelislam El Hami 
AU  - Mustapha Bouchekourte 
AB  - A mathematical model is estimated from the significant variables (after the elimination of the low influencing variables) and from dummy variables introduced to correct some cyclical events that impact the ordinary correlations of the variables. There may be several stationary linear combinations between built-in variables of order one. In Johansen’s method, the cointegration space is determined by estimating an autoregressive model. We will use the liquidity ratio as a proxy for the liquidity of the Moroccan stock market, to estimate the indicators and the factors that determine its variability in the short and long run. The appropriate econometric method would be to estimate a vector error correction model (VECM) that has the property of determining the long and short term relationships between variables. 
DO  - 10.21494/ISTE.OP.2018.0259 
JF  - Uncertainties and Reliability of Multiphysical Systems 
KW  - Vector model,  cointegration,  liquidity ratio,  Casablanca Stock Exchange, Modèle vectoriel,  cointégration,  ratio de liquidité,  Bourse de Casablanca,  
L1  - https://www.openscience.fr/IMG/pdf/iste_incertfia18v2n1_6.pdf 
LA  - en 
PB  - ISTE OpenScience 
DA  - 2018/05/16 
SN  - 2514-569X 
TT  - Modélisation mathématique à correction d’erreurs de la liquidité du marché boursier. Application : Impact de la structure du marché et du drainage de l’épargne institutionnelle sur le marché des capitaux 
UR  - https://www.openscience.fr/Mathematical-error-correction-modeling-of-the-liquidity-of-the-stock-market 
IS  - Issue 1 
VL  - 2 
ER  -