instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our …

examines whether equity markets in emerging countries were vulnerable to contagion during the recent financial meltdown …

heteroscedasticity biases based on correlation coefficients to examine if any contagion occurred across financial markets after the March … study is to investigate if any contagion effect occurred in the immediate aftermath of the Japanese earthquake, tsunami and … foreign exchange markets suffered from contagion, stock markets of Taiwan, Bahrain, Saudi Arabia and South Africa witnessed a …

heteroscedasticity biases based on correlation coefficients to examine if any contagion occurred across financial markets after the March … study is to investigate if any contagion effect occurred in the immediate aftermath of the Japanese earthquake, tsunami and … foreign exchange markets suffered from contagion, stock markets of Taiwan, Bahrain, Saudi Arabia and South Africa witnessed a …

examines whether equity markets in emerging countries were vulnerable to contagion during the recent financial meltdown …

instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our …

This paper presents a general test of contagion in financial markets based on bivariate correlation analysis � a test … that can be interpreted as an extension of the normal correlation theorem. Contagion is defined as a structural break in … hypothesis of 'no contagion' can be rejected only if the variance of country specific shocks is set to levels that are not …

This paper builds a general test of contagion in financial markets based on bivariate correlation analysis - a test … that can be interpreted as an extension of the normal correlation theorem. Contagion is defined as a structural break in … contributions in the literature as special cases of our test. We show that, while the literature on correlation analysis of …