Anyikwa, Izunna; Phiri, Andrew - In: Cogent economics & finance 11 (2023) 2, pp. 1-19
only) tails for returns (volatility) series. For the returns series, China and South Africa (Brazil, Russia and India) are … net receivers (transmitters) of shocks at the left tail and median quantiles whilst China and Russia (Brazil, India and …, Russia and South Africa) are the net receivers (transmitters) at both quantile tails, whilst Brazil (Russia, India, China and …
