Essec\Faculty\Model\Contribution {#2190
  #_index: "academ_contributions"
  #_id: "10483"
  #_source: array:26 [
    "id" => "10483"
    "slug" => "a-core-periphery-framework-in-stock-markets-of-the-euro-zone"
    "yearMonth" => "2013-01"
    "year" => "2013"
    "title" => "A core–periphery framework in stock markets of the euro zone"
    "description" => "RAMOS, S. et DIAS, J. (2013). A core–periphery framework in stock markets of the euro zone. <i>Economic Modelling</i>, 35(C), pp. 320-329."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "RAMOS Sofia"
        "bid" => "B00683001"
        "slug" => "ramos-sofia"
      ]
      1 => array:1 [
        "name" => "DIAS José"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:3 [
      0 => "EMY"
      1 => "Regime switching models"
      2 => "Stock market cycles"
    ]
    "updatedAt" => "2021-07-13 14:31:36"
    "publicationUrl" => "https://www.sciencedirect.com/science/article/abs/pii/S0264999313002782"
    "publicationInfo" => array:3 [
      "pages" => "320-329"
      "volume" => "35"
      "number" => "C"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => """
        The introduction of the euro was expected to have an effect not only on real convergence of economies\n
        but also on stock markets. This research compares the dynamics and synchronization of stock market\n
        regimes in European markets before and after the euro launch. Countries of the euro zone are found to\n
        have different dynamics with regard to switching between bull and bear markets, but the differences become\n
        less pronounced after the introduction of the single currency, increasing the overall level of stock\n
        market synchronization. Nevertheless, Austria and Portugal reduced the level of regime synchronization\n
        with other stock markets. The results delineate a framework of core–periphery stock markets, i.e., a large\n
        group of stock markets that share the same market regime, with some others on the periphery characterized\n
        by distinctive behavior.
        """
      "en" => """
        The introduction of the euro was expected to have an effect not only on real convergence of economies\n
        but also on stock markets. This research compares the dynamics and synchronization of stock market\n
        regimes in European markets before and after the euro launch. Countries of the euro zone are found to\n
        have different dynamics with regard to switching between bull and bear markets, but the differences become\n
        less pronounced after the introduction of the single currency, increasing the overall level of stock\n
        market synchronization. Nevertheless, Austria and Portugal reduced the level of regime synchronization\n
        with other stock markets. The results delineate a framework of core–periphery stock markets, i.e., a large\n
        group of stock markets that share the same market regime, with some others on the periphery characterized\n
        by distinctive behavior.
        """
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-04-19T22:21:59.000Z"
    "docTitle" => "A core–periphery framework in stock markets of the euro zone"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/ramos-sofia">RAMOS Sofia</a>, DIAS José"
    "docDescription" => "<span class="document-property-authors">RAMOS Sofia, DIAS José</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2013</span>"
    "keywordList" => "<a href="#">EMY</a>, <a href="#">Regime switching models</a>, <a href="#">Stock market cycles</a>"
    "docPreview" => "<b>A core–periphery framework in stock markets of the euro zone</b><br><span>2013-01 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://www.sciencedirect.com/science/article/abs/pii/S0264999313002782" target="_blank">A core–periphery framework in stock markets of the euro zone</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.094405
  +"parent": null
}