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This paper tests if real and financial linkages between countries can explain why movements in the world's largest markets often have such large effects on other financial markets, and how these cross-market linkages have changed over time. It estimates a factor model in which a country's market...
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concern over the "Trade War" between the US and China. We evaluate the market responses to this event for firms in both … countries, depending on their direct and indirect exposures to US-China trade. US firms that are more dependent on exports to … and imports from China have lower stock and bond returns but higher default risks in the short time window around the …
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This paper examines the impacts of U.S.-China trade tensions via the lens of East Asian stock markets. Studying 10 …
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This paper examines stock market integration between the ASEAN five and the US and China, respectively, over the period … analysis is carried out for the weekly series to study the impact of the 2007-8 global financial crisis and the 2015 China … exhibit long memory. There is cointegration between the ASEAN five and the US but almost none between the former and China …
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