Purpose – The purpose of this paper is to examine contagion among the major world markets during the last 25 years and propose a new way to analyze contagion with wavelet methods. Design/methodology/approach – The analysis uses a novel way to study contagion using wavelet methods. The...

Purpose – The purpose of this paper is to examine contagion among the major world markets during the last 25 years and propose a new way to analyze contagion with wavelet methods. Design/methodology/approach – The analysis uses a novel way to study contagion using wavelet methods. The...