Connectedness among regional financial markets in the context of the COVID-19

Amine Ben Amar , Fateh Bélaïd (1) , Adel Ben Youssef , Khaled Guesmi

1 LEM - Lille économie management - UMR 9221

In this paper, a spillover index measure is used to explore the extent of the connectedness among a set of six regional stock markets over nearly 8 years from 25 June 2012, to 11 May 2020. Results show that financial markets reacted in largely the same way to the significant economic uncertainty caused by COVID-19, and provide striking evidence of the disconnect between the American emerging market and the global financial markets.

Domaines: Gestion et management

Amine Ben Amar, Fateh Bélaïd, Adel Ben Youssef, Khaled Guesmi. Connectedness among regional financial markets in the context of the COVID-19. Applied Economics Letters, 2020, pp.1-8. ⟨10.1080/13504851.2020.1854434⟩. ⟨hal-03272577⟩