The contemporaneous interactions between the U.S., Japan, and Hong Kong stock markets

Autor:	Keun Yeong Lee
Rok vydání:	2006
Předmět:	Economics and Econometrics Financial economics Stock exchange Stock market bubble Leverage effect Economics Finance Stock (geology)
Zdroj:	Economics Letters. 90:21-27
ISSN:	0165-1765
DOI:	10.1016/j.econlet.2005.04.004
Popis:	By estimating a structural-form GJR model, this paper finds that contemporaneous interactions exist between the stock markets of the U.S., Japan, and Hong Kong. However, it is determined that Hong Kong stock returns react minimally to increases in Japan stock returns.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e3f35fd382b015b4455aed34dd443e2c https://doi.org/10.1016/j.econlet.2005.04.004 Zobrazit plný text záznamu Full Text from ScienceDirect