Análisis de volatilidad y correlación entre Estados Unidos y Asia

This paper analyses the behaviour of correlations between the USand the Asian stock markets taking into account the effect of the Global Financial crisis. Within the Asian markets, one Asian mature country, Japan, and ten emerging markets, which are the four Asian Tigers, the four Asian Tiger Cubs and China, are included in the sample. Empirical results show the level of correlations depends on the country's grade of development.