Collins, Daryl; Abrahamson, Mark - In: The African Finance Journal 6 (2004) 1, pp. 1-20
Most empirical research on contagion in financial markets neglects smaller, frontier markets like those found in Africa. In this paper, contagion is measured on sector-by-sector basis for six African equity markets. Although evidence of coontagion ispresent in both the Asian and Russian crises,...