EconStor >
Leibniz-Institut für Agrarentwicklung in Transformationsökonomien (IAMO), Halle (Saale) >
IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/50791
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorMorales, Lucíaen_US
dc.contributor.authorGassie, Esmeraldaen_US
dc.date.accessioned2011-10-27en_US
dc.date.accessioned2011-11-01T12:53:13Z-
dc.date.available2011-11-01T12:53:13Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/50791-
dc.description.abstractDespite the fact that there is a substantial literature on the analysis of volatility spillovers between stock returns and domestic exchange rates, surprisingly, little empirical research has examined volatility spillovers between oil prices and emerging economies, where a clear gap of research have been found regarding to the BRIC financial markets and the effects of the 2007-2009 World economy crisis. This lack of research might appear as surprising given that energy markets are of particular interest as they are considered a fundamental reference for economic recovery and growth. Therefore, this work aims to address this gap on the literature by looking at the BRIC financial markets and their co-movements with regard to some energy markets (oil, natural gas and electricity) and also to the international pressures that may arise from fluctuations originated in the US stock markets. This research major findings show compelling evidence highlighting the weak integration levels that exist among the Chinese financial markets, energy markets and the US stock market. On the other hand, the Brazilian, Indian and Russian markets are found to be more sensitive to international shocks arisen from US markets and also to energy markets instability, especially with regard to oil market uncertainty.en_US
dc.language.isoengen_US
dc.publisherLeibniz-Institut für Agrarentwicklung in Mittel- und Osteuropa (IAMO) Halle (Saale)en_US
dc.relation.ispartofseriesIAMO Forum 2011 13en_US
dc.subject.jelFen_US
dc.subject.jelGen_US
dc.subject.ddc330en_US
dc.subject.keywordBRICen_US
dc.subject.keywordEnergy Marketsen_US
dc.subject.keywordGARCHen_US
dc.subject.keywordT-GARCH modelingen_US
dc.subject.keywordVolatilityen_US
dc.titleStructural breaks and financial volatility: Lessons from BRIC countriesen_US
dc.typeConference Paperen_US
dc.identifier.ppn67077491Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:iamo11:13-
Appears in Collections:IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth

Files in This Item:
File Description SizeFormat
67077491X.pdf950.03 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.