Institutional Repository
Technical University of Crete
Technical University of Crete
EN
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EL
| URI | http://purl.tuc.gr/dl/dias/936CA171-0131-4FEB-8009-135C86AA6522 | - |
| Identifier | https://doi.org/10.1002/jid.3634 | - |
| Identifier | https://onlinelibrary.wiley.com/doi/10.1002/jid.3634 | - |
| Language | en | - |
| Extent | 21 pages | en |
| Title | COVID-19 crisis and risk spillovers to developing economies: evidence from Africa | en |
| Creator | Akhtaruzzaman Md | en |
| Creator | Benkraiem, Ramzi | en |
| Creator | Boubaker, Sabri, 1974- | en |
| Creator | Zopounidis Konstantinos | en |
| Creator | Ζοπουνιδης Κωνσταντινος | el |
| Publisher | Wiley | en |
| Content Summary | This study provides new evidence on how risk spillovers occur from the United States to developing economies in Africa during the COVID-19 pandemic. The results show that downside risk exposures of African markets, financial firms and banks particularly increased during Phase I (30 January to 30 April 2020). The nature and magnitude of downside risk exposures of African financial markets were similar to those of the United States. Our results also reveal that the United States is a net transmitter of risk spillovers while Nigeria, South Africa, Egypt and Morocco are net recipients. Our conclusions offer guidance to risk managers, policymakers and investors. | en |
| Type of Item | Peer-Reviewed Journal Publication | en |
| Type of Item | Δημοσίευση σε Περιοδικό με Κριτές | el |
| License | http://creativecommons.org/licenses/by/4.0/ | en |
| Date of Item | 2024-02-26 | - |
| Date of Publication | 2022 | - |
| Subject | Africa | en |
| Subject | COVID-19 | en |
| Subject | Developing economies | en |
| Subject | Risk spillovers | en |
| Subject | Spectral risk measure | en |
| Subject | Value at risk | en |
| Bibliographic Citation | M. Akhtaruzzaman, R. Benkraiem, S. Boubaker and C. Zopounidis, “COVID‐19 crisis and risk spillovers to developing economies: evidence from Africa,” J. Int. Dev., vol. 34, no. 4, pp. 898–918, May 2022, doi: 10.1002/jid.3634. | en |
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