Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Request a Demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Wealth Management
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Request a Demo
  • Log in
The Journal of Wealth Management

The Journal of Wealth Management

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • LinkedIn
  • Twitter

Virtual Spider Threads Interconnecting Globally:
From ‘Soft Power’ to MENA Stock Market Volatility

Najeb Masoud and Suleiman AbuSabha
The Journal of Wealth Management Fall 2014, 17 (2) 73-85; DOI: https://doi.org/10.3905/jwm.2014.17.2.073
Najeb Masoud
specializes in accounting and finance at Middle East University Business School in Amman, Jordan.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: najeb2000@gmail.com
Suleiman AbuSabha
specializes in accounting and finance at Middle East University Business School in Amman, Jordan.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: razasol@yahoo.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.

Don’t have access? Click here to request a demo 
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600

Abstract

This article investigates the dynamic of the volatilities and the conditional correlations among the four world stock markets of the U.K., France, Germany, the U.S. and eight Middle East and North African (MENA) stock markets from Jordan, Bahrain, Egypt, Morocco, Muscat, UAE, Saudi Arabia, and Tunisia. Using the GARCH, TGARCH models that account for asynchronous data, conditional heteroskedasticity, asymmetric volatility responses, and the joint dynamics of each country’s index with the world-market returns. Our results show that shocks originating in world-market conflicts and the associated uncertainty have increased the volatility of MENA equity markets. Secondly, regardless of its impact on volatility spillover transmission, there is little evidence to suggest that MENA markets have become more integrated with world markets since the financial crisis. Finally, these results are robust to model specification and consistent with the notion that uncertainty contributes to financial volatility spillover. It is worth mentioning that the findings from this article will have a significant implication for investors, managers, market regulators, decision makers, and scholars interested in the equity markets of MENA region in particular and other developing nations in general.

TOPICS: Developed, statistical methods, risk management, performance measurement

  • © 2014 Pageant Media Ltd
View Full Text

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Wealth Management: 17 (2)
The Journal of Wealth Management
Vol. 17, Issue 2
Fall 2014
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Wealth Management.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Virtual Spider Threads Interconnecting Globally: From ‘Soft Power’ to MENA Stock Market Volatility
(Your Name) has sent you a message from The Journal of Wealth Management
(Your Name) thought you would like to see the The Journal of Wealth Management web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Virtual Spider Threads Interconnecting Globally:
From ‘Soft Power’ to MENA Stock Market Volatility
Najeb Masoud, Suleiman AbuSabha
The Journal of Wealth Management Jul 2014, 17 (2) 73-85; DOI: 10.3905/jwm.2014.17.2.073

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Virtual Spider Threads Interconnecting Globally:
From ‘Soft Power’ to MENA Stock Market Volatility
Najeb Masoud, Suleiman AbuSabha
The Journal of Wealth Management Jul 2014, 17 (2) 73-85; DOI: 10.3905/jwm.2014.17.2.073
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • STUDY PURPOSE AND SCOPE
    • LITERATURE REVIEW AND THE MODELING FRAMEWORK
    • RESEARCH FRAMEWORK AND METHODOLOGY
    • DATA AND DESCRIPTIVE STATISTICS
    • EMPIRICAL RESULTS
    • CONCLUDING AND FUTURE WORK
    • ENDNOTES
    • REFERENCES
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved | ISSN: 1534-7524 | E-ISSN: 2374-1368

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy