Extreme Contagion in Equity Markets /

This study uses bivariate extremal dependence measures, based on the number of equity return co-exceedances in two markets, to quantify both negative and positive equity returns contagion in mature and emerging equity markets during the past decade. The results indicate (a) higher contagion for nega...

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Autor principal: Yao, James
Altres autors: Chan-Lau, Jorge, Mathieson, Donald
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2002.
Col·lecció:IMF Working Papers; Working Paper ; No. 2002/098
Accés en línia:Full text available on IMF