Bankruptcy of Lehman Brothers: Determinants of Cross-country Impacts on Stock Market Volatility
We empirically examine the determinants of the short-term cross-country impacts of Lehman Brothers' bankruptcy on the volatility of stock prices. According to the results of this study, countries with lower financial openness and greater stock market depth experienced a smaller increase in sto...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/4321 |