bond-yield volatility than shocks to the underlying fundamentals. In a second step, we develop a correlation and causality …

, Engle and Ghysel's Mixed Data Sampling Dynamic Conditional Correlation Garch model to include a new scalar measure for the … degree of correlatedness in time-varying correlation matrices. We also explore the robustness of the findings with a less … model-dependent realized covariance estimator. We find a secular trend toward higher correlation during our sample period …

, industrials, consumer services, health care and financials. The analysis is carried out by using correlation analysis, ß … integration ; EU ; stock markets ; ß-convergence ; s-convergence ; correlation analysis …

, industrials, consumer services, health care and financials. The analysis is carried out by using correlation analysis, ß …

, consumer goods, industrials, consumer services, health care and financials. The analysis is practised by using correlation …

, industrials, consumer services, health care and financials. The analysis is carried out by using correlation analysis, ß …

regression on wavelet coefficients. The concept of wavelet local multiple correlation is used to produce one single set of multi …-scale correlations along time, in contrast with the large number of wavelet correlation maps that need to be compared when using standard … century. It is shown how the evolution of the correlation structure in these markets has been far from homogeneous both along …