• About
  • Policies
  • What is open access
  • Library
  • Contact
Advanced search
      View Item 
      •   BUIR Home
      • Scholarly Publications
      • Faculty of Economics, Administrative And Social Sciences
      • Department of Economics
      • View Item
      •   BUIR Home
      • Scholarly Publications
      • Faculty of Economics, Administrative And Social Sciences
      • Department of Economics
      • View Item
      JavaScript is disabled for your browser. Some features of this site may not work without it.

      The centre and periphery relations in international stock markets

      Thumbnail
      View / Download
      211.8 Kb
      Author(s)
      Berument, Hakan
      Dinçer, N.
      Olgun, H.
      Date
      2006
      Source Title
      Applied Financial Economics Letters
      Print ISSN
      1744-6546
      Electronic ISSN
      1744-6554
      Publisher
      Routledge
      Volume
      2
      Issue
      6
      Pages
      365 - 370
      Language
      English
      Type
      Article
      Item Usage Stats
      198
      views
      211
      downloads
      Abstract
      Encouraged by the findings of the recent studies it is argued that a kind of centre-periphery relation has been emerging between the equity markets of the developed and less developed countries. To test the argument the VAR model is employed with block exogeneity. Empirical results show that S&P500 returns, representing the centre, affect the equity markets of the emerging markets either instantaneously or with a time lag depending on their geographical location.
      Permalink
      http://hdl.handle.net/11693/49182
      Published Version (Please cite this version)
      https://doi.org/10.1080/17446540500461802
      Collections
      • Department of Economics 724
      Show full item record

      Browse

      All of BUIRCommunities & CollectionsTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartmentsCoursesThis CollectionTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartmentsCourses

      My Account

      Login

      Statistics

      View Usage StatisticsView Google Analytics Statistics

      Bilkent University

      If you have trouble accessing this page and need to request an alternate format, contact the site administrator. Phone: (312) 290 2976
      © Bilkent University - Library IT

      Contact Us | Send Feedback | Off-Campus Access | Admin | Privacy