Background: This study examined the volatility spillover effects between the stock markets of Asian countries, i … to 1 January 2014, consisting five trading days from Monday to Friday. The volatility spillover between stock markets was … show evidence of significant bidirectional spillover of return and volatility between China and Japan. The results also …

. Based on the realized semi-volatility indices, we find that the impact of bad volatility strictly dominates good volatility ….S. volatility shock on other countries have been due primarily to bad volatility. In the dynamic analysis, we observe highly … volatility connectedness have been witnessed, inter alia, during the global financial crisis and the European debt crisis. The …