Caporale, Guglielmo Maria; Hunter, John; Ali, Faek Menla - 2013
, namely the US, the UK, Canada, Japan, the euro area, and Switzerland, using data on the banking crisis between 2007 and 2010 … Switzerland. Furthermore, causality-in-variance from stock returns to exchange rates changes is found in Japan and in the opposite … direction in the euro area and Switzerland, whilst there is evidence of bidirectional feedback in the US and Canada. These …
