Ahmad, Wasim; Bhanumurthy, N.R.; Sehgal, Sanjay - In: Studies in Economics and Finance 31 (2014) 3, pp. 325-352
stock markets on seven Eurozone and six non-Eurozone stock markets. Design/methodology/approach – In this paper, a dynamic … given by Engle (2002) is applied to estimate the DCCs across sample markets. Findings – Analyzing the Eurozone crisis period … contagious for Eurozone and non-Eurozone markets. The study finds that France, Belgium, Austria and Germany in Eurozone and UK …