The impact of the US stock market on the Romanian stock market in the context of the financial crisis

Nistor, Costel and Stefanescu, Razvan and Dumitriu, Ramona: The impact of the US stock market on the Romanian stock market in the context of the financial crisis. Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009. pp. 636-655. (2010)

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Abstract

This paper explores the stock market interlinkages between the United States and Romania during the actual financial crisis. For this purpose we analyze, in a Vector Autoregressive framework, daily values of Dow Jones and BET, being two reference indexes for the US and the Romanian Stock markets. By comparing with the results for a more tranquil period of time, we conclude that in the context of the financial crisis the Romanian stock market became more sensitive to the US stock market evolution.

Item Type: Article
Journal or Publication Title: Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Date: 2010
Page Range: pp. 636-655
ISBN: 978-963-06-9558-9
Uncontrolled Keywords: Részvénypiac - román, Tőzsde - román, Pénzügyi válság
Additional Information: Bibliogr.: p. 654-655. ; összefoglalás angol nyelven
Date Deposited: 2019. Apr. 25. 09:42
Last Modified: 2019. Apr. 25. 09:42
URI: http://acta.bibl.u-szeged.hu/id/eprint/57830

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