This study examines the relationship between volatility spillovers in the presence of structural breaks with specific reference to South Asian Capital markets. Global financial crisis of 2007-2009 has compelled policy makers to realize that financial instability has potential to threaten...

This study investigates that whether Karachi Stock Exchange is efficient or otherwise over the period from July 1997 to April 2010. To examine the efficiency, various stock market anomalies (i.e. Days of week Effect, With-in month Effect, Turn of Month Effect) have been estimated.Results show no...