The comovements of tail risks in time and frequency domains: evidence from US and emerging Asian stock markets

Abstract The study applies the wavelet local multiple correlations to investigate the level of comovements among the tail risks of US and emerging Asian stock markets in both time and frequency domains. Through this empirical investigation, we address the question of how the transmission of tail ris...

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Bibliographic Details
Main Author: Boubekeur Baba
Format: Article
Language:English
Published: SpringerOpen 2024-06-01
Series:Future Business Journal
Subjects:
Online Access:https://doi.org/10.1186/s43093-024-00350-4
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