Balli, Faruk; Basher, Syed Abul; Jean Louis, Rosmy - Volkswirtschaftliche Fakultät, … - 2013
We examine the spillover effects of local and global shocks on Gulf Cooperation Council (GCC)-wide sector equity returns. We find the GCC-wide sector returns have asynchronous responses to global and regional shocks. Although the effects of these shocks differ in magnitude across individual...