Emerging and advanced economies markets ...
Type de document :
Compte-rendu et recension critique d'ouvrage
DOI :
Titre :
Emerging and advanced economies markets behaviour during the COVID ‐19 crisis era
Auteur(s) :
Belaid, Fateh [Auteur]
Lille économie management - UMR 9221 [LEM]
Ben Amar, Amine [Auteur]
Goutte, Stéphane [Auteur]
Centre d'études sur la mondialisation, les conflits, les territoires et les vulnérabilités [Cemotev]
Guesmi, Khaled [Auteur]
Paris School of Business [PSB]
Lille économie management - UMR 9221 [LEM]
Ben Amar, Amine [Auteur]
Goutte, Stéphane [Auteur]
Centre d'études sur la mondialisation, les conflits, les territoires et les vulnérabilités [Cemotev]
Guesmi, Khaled [Auteur]
Paris School of Business [PSB]
Titre de la revue :
International Journal of Finance and Economics
Éditeur :
Wiley
Date de publication :
2021-01-09
ISSN :
1076-9307
Mot(s)-clé(s) en anglais :
contagion effect
COVID-19
developed economies
emerging economies
equity markets
COVID-19
developed economies
emerging economies
equity markets
Discipline(s) HAL :
Sciences de l'Homme et Société/Gestion et management
Résumé en anglais : [en]
This article examines the consequences of the COVID-19 crisis on the interdependencies between emerging and advanced economies. Using daily market index data from 22 developed and emerging markets, we develop a combination ...
Lire la suite >This article examines the consequences of the COVID-19 crisis on the interdependencies between emerging and advanced economies. Using daily market index data from 22 developed and emerging markets, we develop a combination of statistical methods based on Diebold and Yilmaz spillover index and Toda–Yamamoto and Dolado and Lütkepohl causality approach. The results substantiate an increase in the interdependence between emerging and advances economies, which suggests an increase in the transmission of the stress and uncertainty between financial markets during the pandemic period. Our findings show that the emerging countries are affected by the financial markets of advanced economies during the COVID-19 crisis and, in particular, by European markets, which appear to be the primary driver of contagion and transmission of stress and uncertainty to all other regional markets.Lire moins >
Lire la suite >This article examines the consequences of the COVID-19 crisis on the interdependencies between emerging and advanced economies. Using daily market index data from 22 developed and emerging markets, we develop a combination of statistical methods based on Diebold and Yilmaz spillover index and Toda–Yamamoto and Dolado and Lütkepohl causality approach. The results substantiate an increase in the interdependence between emerging and advances economies, which suggests an increase in the transmission of the stress and uncertainty between financial markets during the pandemic period. Our findings show that the emerging countries are affected by the financial markets of advanced economies during the COVID-19 crisis and, in particular, by European markets, which appear to be the primary driver of contagion and transmission of stress and uncertainty to all other regional markets.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :