Stocks, bonds, money markets and exchang
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Michael Ehrmann; Marcel Fratzscher; Roberto Rigobon
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Article
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2010
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John Wiley and Sons
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English
โ 253 KB
Understanding the complexity of the financial transmission process across various assets-domestically as well as within and across asset classes-requires the simultaneous modeling of the various transmission channels in a single, comprehensive empirical framework. The paper estimates the financial t