Series: IMF Working Papers
Author(s): Tahsin Saadi Sedik , and Oral Williams
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2011
Keywords: GCC, contagion, equity markets, stock market, market capitalization, foreign participation, Financial Aspects of Economic Integration, Financial Markets and the Macroeconomy,
This paper analyzes the impact of global and regional spillovers to GCC equity markets. GCC equity markets were impacted by spillovers from U.S. equity markets despite varying degrees of foreign participation. Spil...