Publication
Nov 2011
In this paper, the authors investigate relations between six important world markets - US, UK, Germany, Japan, China and India from January 2000-December 2010. They find that while the developed Western' markets, are highly correlated, the interdependencies between these markets and the developing Eastern' markets (India and China) are very volatile and with noticeable maxima at times of global world events.
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English (PDF, 29 pages, 3.0 MB) |
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Author | Dror Y Kenett, Matthias Raddant, Thomas Lux, Eshel Ben-Jacob |
Series | Kiel Institute Working Papers |
Issue | 1739 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2011 Kiel Institute for the World Economy |