Maghyereh, Aktham; Al-Zoubi, Haitham; Abderraheem, Sadeq - In: Global Business and Economics Review 7 (2005) 4, pp. 324-342
This paper examines the degree to which four emerging stock markets in the Arab Gulf countries (Bahrain, Kuwait, Oman and Saudi Arabia) are regionally linked and the implications of this on portfolio diversification and hedging strategies. We find that conditional heteroscedasticity is present...
