I employ experimental methods to study the way financial professionals adapt investment strategies in sovereign-bonds during financial crises. I find that when the complexity of the environment increases, investors reduce information processing and shift to strategies in which they...

In this study I explore the role of corruption in the cross-market time-varying linkage between sovereign bonds of emerging markets and the US stock market. It shows that corruption plays a prominent role in the behaviour of comovement under different market conditions. The sensitivity of...