Chevapatrakul, Thanaset; Tee, Kai-Hong - Centre for Finance, Credit and Macroeconomics (CFCM), … - 2014
the extent to which news events contribute to contagion in the stock markets during the crisis period between 2007 and … markets 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 e …