Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
963520 | Journal of International Money and Finance | 2012 | 16 Pages |
Abstract
⺠We use tests for correlation stability. ⺠The database is made of four asset classes in four geographical zones. ⺠We consider all financial crises from 1978 to 2010. ⺠The results point to a combination of globalization and flight to quality. ⺠Contagion on the equity markets appears as an artifact due to globalization.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Marie Brière, Ariane Chapelle, Ariane Szafarz,