Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/123518
Autoren: 
Asongu, Simplice A.
Datum: 
2011
Reihe/Nr.: 
AGDI Working Paper WP/11/003
Zusammenfassung: 
The recent waves of political crises in Africa and the Middle East have inspired the debate over how political instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our findings suggest stock markets in Lebanon, Mauritius were contaminated while Nigeria experienced a positive spillover. Our results have two major implications. Firstly, we have confirmed existing consensus that African financial markets are increasingly integrated. Secondly, we have also shown that international financial market transmissions not only occur during financial crisis; political crises effects should not be undermined.
Schlagwörter: 
Political crisis
Contagion
Developing countries
Equity Markets
JEL: 
G10
G15
F30
Dokumentart: 
Working Paper
Nennungen in sozialen Medien:

Datei(en):
Datei
Größe
224.22 kB





Publikationen in EconStor sind urheberrechtlich geschützt.