La guerre en Ukraine: quelle contagion sur les marchés financiers des PECO ?

Sophie Nivoix () and Sandrine Boulerne ()
Additional contact information
Sophie Nivoix: CEREGE [Poitiers] - Centre de recherche en gestion - UP - Université de Poitiers = University of Poitiers
Sandrine Boulerne: VALLOREM - Val de Loire Recherche en Management - UO - Université d'Orléans - UT - Université de Tours

Post-Print from HAL

Abstract: The effects of contagion between industrialized markets during a financial crisis have been extensively studied. However, the contagion effects between Central and Eastern European stock markets (CEECs) is rarely investigates, especially when the crisis is a war (between Ukraine and Russia in this paper). Investors in these markets need to know whether their investment strategy is sustainable or whether they have to reassess the international allocation of their assets. The adjusted correlation coefficient and the measure of multicountry comovement confirm the absence of global contagion and the heterogeneity of the reactions of the CEEC markets to the conflict.

Date: 2023-09-18
References: Add references at CitEc
Citations:

Published in La Revue des Sciences de Gestion, 2023, 320, pp.11-23

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04217416

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().