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deutlich anzogen, stagnieren sie andernorts seit Jahrzehnten, so etwa in Deutschland und Kanada. Dieser langfristigen …
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The author proposes a new test for financial contagion based on a non-parametric measure of the cross-market correlation. The test does not depend on the assumption that the data are drawn from a given probability distribution; therefore, it allows for maximal flexibility in fitting into the...
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