Phylaktis, Kate; Xia, Lichuan - In: Financial Management 38 (2009) 2, pp. 381-409
"This paper takes an asset pricing perspective to investigate the equity market comovement and contagion at the sector level during the period 1990-2004 across the regions of Europe, Asia, and Latin America. It examines whether unexpected shocks from a particular market, or group of markets, are...