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A Wavelet-based Approach to Testing Shari’ah-compliant Stock Market Contagion: Evidence from the ASEAN Countries
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13

August 2024

2024/2025

A+
The cross-market transmission of financial crisis has been a major interest over the last decade. The financial systems have witnessed numerous financial and currency crises, where most of them with regional or even global consequences, such as the 1987 Wall Street crash, the 1992 ERM collapse, the 1994 Mexican pesos crisis, the 1997 “Asian Flu”, the 1998 “Russian Cold”, the 1999 Brazilian devaluation, the 2000 Internet bubble burst, and the default crisis in Argentina of July 200...
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