The purpose of this paper is to investigate whether Arab stock markets are characterized by excessive volatility of returns after the global crisis economic. In this study, the Schwert measure is obtained from a two-step regression technique and is an estimation of the conditional standard...

The 2008 global economic and financial crisis spawned a synchronized recession among industrialized countries leading to a contraction in world trade. Exports from developing countries fell sharply dragging many of them into the global economic downturn. The Philippines was not spared the...