publication . Other literature type . Article . 2014

Did the contagion effect exist? Evidence from Abu Dhabi, Jordan and America

Liang-Chun Ho; Chia-Hsing Huang;
Open Access English
  • Published: 01 Jan 2014 Journal: Economic research - Ekonomska istraživanja, volume 27, issue 1 (issn: 1331-677X, eissn: 1848-9664, Copyright policy)
  • Publisher: Taylor and Francis Group and Juraj Dobrila University of Pula, Faculty of economics and tourism Dr. Mijo Mirković
This article aims to test the contagion effect between the stock markets of Abu Dhabi, Jordan and America. The Lagrange multiplier (LM) principle for causality in variance test is used in this study. Four American stock indexes, Dow Jones Industrial Average, NASDAQ Composite, RUSSELL 2000, and PHLX Semiconductor Sector Index, are in this study. The testing results of the four major American stock price indexes and the Jordan stock index (Amman) are significant. The testing results of the four American stock price indexes and the Abu Dhabi stock index (ADX) are also significant. This study finds that the variances of returns of four major American stock price ind...
free text keywords: contagion effect; the stock market; Abu Dhabi; Jordan; America, Stock price, Economics, Contagion effect, Economy, Variance test, Econometrics, Stock market index

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publication . Other literature type . Article . 2014

Did the contagion effect exist? Evidence from Abu Dhabi, Jordan and America

Liang-Chun Ho; Chia-Hsing Huang;