This paper empirically investigates the contagion effects of the global financial crisis in a multivariate Fractionally … economic and a statistical approach. The empirical evidence does not confirm a contagion effect for most BRICS during the early … show a pattern of contagion for all BRICSs' markets that could be attributed to their common trade and financial …

emerging Asia there is more regional than global integration, and that the former has become even stronger in the post- 2008 …

emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …

The purpose of this study is to investigate whether contagion actually occurred during three well-known financial … Latin American stock markets and US stock market. Defining contagion as a significant increase of dynamic conditional … correlations, we test for contagion by using a difference test for DCC means. The results obtained shows that there is a pure …