Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5083654 | International Review of Economics & Finance | 2014 | 24 Pages |
Abstract
In the last two decades, the world economy has been challenged by different economic and financial crises. These events have captured researchers' attention, and in particular, the analysis of contagion effects derived from stock market shocks has been a focal point of discussions. This paper analyses contagion effects in a worldwide framework using three different econometric models. We do not find significance evidence supporting contagion effects derived from the US stock markets, neither in a worldwide nor in a regional form.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
LucÃa Morales, Bernadette Andreosso-O'Callaghan,