 Stock market stability on selected CEE and SEE markets: a quantile regression approachPost-Communist Economies, 2020, vol. 32, issue 3, 352-375 Abstract: Financial market stability has been a hot topic in the last decade due to its importance for both policymakers and international investors. However, formal testing of this phenomenon and its consequences is still insufficient. This is especially true for the Central and Eastern European (CEE), as well as South and Eastern European (SEE) markets, which are the focus of this research. The results of this research indicate that Serbian, Hungarian, Bulgarian, Croatian, Slovenian, Romanian and Ukrainian stock markets respond more to the systematic shocks in the SEE index compared to CEE. The opposite is true for the Czech and Polish markets. Since the stability was confirmed for the Bosnian, Bulgarian and Slovenian markets for the SEE regional index and for the Bulgarian, Slovenian and Slovak markets for the CEE regional index; these results could be exploited by policymakers in a way that they should focus more on the country-specific shocks and how to deal with specific problems within the country itself when they occur. Date: 2020 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:pocoec:v:32:y:2020:i:3:p:352-375 Ordering information: This journal article can be ordered from DOI: 10.1080/14631377.2019.1640994 Access Statistics for this article Post-Communist Economies is currently edited by Roger Clarke More articles in Post-Communist Economies from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.