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volatilities for 35 U.S. and European financial institutions. Based on that model we extract a connectedness index in the spirit of … Diebold and Yilmaz (2014) (DYCI). We show that the connectedness index from the TVP-VAR model captures abrupt turning points …
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cryptocurrencies are being transmitted. Generally, we document very low level of connectedness between the main cryptocurrency and …
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post-communist economies, for example, shows that political connectedness improves access to bank credit, but is not …
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