It has been established in the literature that volatility of stock returns exhibits complex properties of not only … volatility clustering, but also long memory, regime change, and substantial outliers during turbulent and calm periods. Hence …, this paper seeks to analyze volatility spillover, co-movements, independence and contagion in the Chinese, Japanese …

This study is an endeavor to empirically examine the long run impact of financial globalization on output volatility in … emerged as a significant and positive long run determinant of output volatility, whereas insignificance of financial … empirical results appear to be strongly robust in terms of sign, significance and magnitude. To curtail Asia’s output volatility …