A Burst Bubble In Financial Stock Market Causes Financial Contagion And Volatility Spillover: A Statistical Overview
Keywords:
Burst bubble, Financial Stock Market, Financial Contagion, Literature review, Volatility SpilloverAbstract
This piece aims to give readers an up-to-date review of the literature on financial contagion and volatility spillover as it pertains to the stock market by classifying prior literature into distinct categories to provide an extensive bibliography. From different databases, over 200 high-quality research articles were collected to meet the article’s requirements. For the study, we have extracted top-cited research publications between 1969 and 2022 from the different reputed databases of Wos and Scopus. We enlighten what occurrence makes a crisis a “burst bubble”. This study has the potential to plot future directions for rigorous future research by academics, aspiring researchers, and other significant local and international stakeholders.
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