Aloui, Riadh; Aïssa, Mohamed Safouane Ben; Nguyen, Duc … - In: Journal of Banking & Finance 35 (2011) 1, pp. 130-141
The paper examines the extent of the current global crisis and the contagion effects it induces by conducting an empirical investigation of the extreme financial interdependences of some selected emerging markets with the US. Several copula functions that provide the necessary flexibility to...