Selm, Nadhem; Hachicha, Nejib - In: International Journal of Economics and Financial Issues 4 (2014) 2, pp. 353-362
This paper examines whether the bank can be a cause of contagion during the global financial crisis. This paper utilizes a Dynamic Conditional Correlation Model to examine the financial contagion phenomenon following the recent financial crisis. This model, which is already developed by Engle...