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Nafta Stock Markets: Dynamic Return and Volatility Linkages CreateSpace Independent Publishing Platform When does firm management becomeThis research explores the dynamic linkages that portray different facets of the joint probability distribution of stock market returns in the North American Free Trade Area (NAFTA) Canada, Mexico, and the US. Our examination of interactions of the NAFTA stock markets considers three issues. First, the authors examine the long run relationship between the three markets, using cointegration techniques. Second, they evaluate the dynamic relationships