Abstract

The inter-dependence between different stock markets around the world has been in the forefront of academic and public interests. In this paper, we study the channel of the stock market inter-dependence between Chinese stock market and other markets around the world. We analyse the daily returns of major stock indices to discover the path of the transmission of shocks from Chinese stock market. We find out that, the difference in logistics from countries plays an important role in explaining the transmission of stock market shocks.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.