Measuring The Degree Of Financial Linkage Between Financial Markets And Their Potential Impact On The Feasibility Of International Portfolio Diversification. - A Case Study Of The Arab Financial Markets For The Mena Region -
No Thumbnail Available
Date
2024-03-01
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
جامعة الوادي University Of Eloued
Abstract
The study aims to measure the degree of correlation between financial markets and
assess its impact on the feasibility of international portfolio diversification. The study
focuses on a sample of Arab financial markets in the Middle East and North Africa region,
abbreviated as MENA. The sample includes six financial markets representing Jordan,
Lebanon, Palestine, Egypt, Morocco, and Tunisia.
The study concludes that there is no integration or correlation between these
markets, as revealed by the DCC-GARCH model. Consequently, there is potential for
international portfolio diversification
Description
Keywords
International diversification, financial integration, internatinal financial market, portfolio investing, indices
Citation
Saadi, Larbi. Satouri, Djoudi . Measuring The Degree Of Financial Linkage Between Financial Markets And Their Potential Impact On The Feasibility Of International Portfolio Diversification. - A Case Study Of The Arab Financial Markets For The Mena Region - . Journal of Economics and Sustainable Development . Vol. 07. N. 01. 01 march2024. faculty of economie commercial and management sciences. [visitedin ../../….]. availablefrom[copy linkhere]