Linkages in World Financial Markets ePub (Adobe DRM) download by Jack Clift

Linkages in World Financial Markets

By Jack Clift and C. Richard Neu and C. Richard Richard Neu

Business & Economics : Economics - General | Business & Economics : Finance
Rand Corporation
Publication date: March 2011
ISBN: 9780833052773
Digital Book format: ePub (Adobe DRM)

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This paper asks whether there has been any diminution in the traditional role of U.S. financial markets in leading movements in other financial markets. It examines daily movements in three major equity indexes, how daily changes in one market are correlated with immediately subsequent changes in the other two, and the size of movements in each market after a given change in the other markets before and after the onset of the crisis.
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