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This study examines the contagion of herding behavior in the Tunisian financial system during the period 2000:01-2012:12 by using several GARCH models. The BEKK-GARCH model results prove the volatility spillovers between the residues of time deposit and other financial variables for savings...
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This paper aims to analyze the spillovers between the financial and economic spheres in Tunisia. The results based on GARCH model show that the major economic growth shocks are persistent. Further, BEKK- GARCH model results well illustrate that financial and economic spheres are more or less...
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