O'Reilly logo

Emerging Markets and the Global Economy by Duc Khuong Nguyen, Sabri Boubaker, Mohammed Hedi Arouri

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 21

Are Emerging Markets Exposed to Contagion from the United States: Evidence from Stock and Sovereign Bond Markets

Hakimzadi Wagana and Zulfiqar Alib,    aUniversity of Paris, Panthéon Sorbonne, France,    bDepartment of Business Administration, University of Sindh Jamshoro, Pakistan,    E-mail: hakimzadi@gmail.com, zulfi_wpk@hotmail.com

Abstract

By using the Asymmetric Dynamic Conditional Correlation (ADCC) model developed by Cappiello et al. (2006), we investigate how the dynamics of correlations between five emerging countries (Argentina, Chile, Hungary, Russia, and Poland), two emerging regions (Latin America (LAC) and Europe (EU)), and the United States, evolved from January 2004 to September 2011. The main contribution of this ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required