Maghyereh, Aktham I.; Al‐Zoubi, Haitham A. - In: Studies in Economics and Finance 25 (2008) 1, pp. 21-37
Purpose – In this paper, the aim is to investigate the tail behavior of daily stock returns for three emerging stock in the Gulf region (Bahrain, Oman, and Saudi Arabia) over the period 1998‐2005. In addition, the aim is also to test whether the distributions are similar across these...