Lukanima, Benedicto Kulwizira; Sanchez-Barrios, Luis Javier - In: International review of economics & finance : IREF 89 (2024) 1, pp. 478-497
Covid19, were associated with increased volatility and correlation despite mixed correlation outcomes during Covid19 … there were changes in returns, volatility, and correlation during MILA periods, and they are consistent for all markets … compared to previous studies: between the pre-Global Financial Crisis (March 2004) and COVID19 (March 2023) periods. Second, we …