Gurdgiev, Constantin; O'Riordan, Conor - In: Journal of Risk and Financial Management 14 (2021) 10, pp. 1-29
This paper investigates the relationship between the BRICs' and the advanced economies' stock markets from 2000 to 2016 utilizing continuous wavelet transform. The continuous wavelet transform allows us to explore these relationships in the time-frequency domain to capture short- and long-term...