Turmoil that affected the financial markets and the global economy since 2008 have generated a series of debates in terms of the economic theory's ability to find answers to the new problems. Among others, the crisis has triggered, at the ideological level, a lively debate about the markets`...

The article studies the correlations between the stock markets of the greatest financial centers in the world, namely New York, London and Tokyo, in two different time intervals, namely before the global crisis that erupted in 2007 and during it, in order to determine whether the stock markets...