Is There Any International Diversification Benefits in ASEAN Stock Markets?
This study finds that there is a common force which brings all the five ASEAN stock markets together in the long run by the nonparametric tests. This suggests that shocks from any of these five markets may spillover to the other markets in the same region. The recent Asian financial crisis bears a g...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elseview
2009
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| Subjects: | |
| Online Access: | https://eprints.ums.edu.my/id/eprint/21913/1/Is%20There%20Any%20International%20Diversification%20Benefits%20in%20ASEAN%20Stock%20Markets.pdf |