Chevapatrakul, Thanaset; Tee, Kai-Hong - In: Research in International Business and Finance 32 (2014) C, pp. 83-105
extent to which news events contribute to contagion in the stock markets during the crisis period between 2007 and 2009 … have also been significant. We track the news events, both in the UK and the US, using the global recession timeline. We … observe that the news events related to ad hoc bailouts of individual banks from the UK have a contagion effect throughout the …