Emerging Markets and the Global Economy

Chapter 23

Contagion versus Interdependence: The Case of the BRIC Countries During the Subprime Crises

Mrabet Zouhair^a, Charfeddine Lanouar^b,c and Ahdi Noomen Ajmi^d,    ^aCollege of Business and Economics, Department of Finance and Economics, Qatar University, Qatar,    ^bCollege of Administrative Sciences, Najran University, Najran, Saudi Arabia,    ^cQuantitatives Methods department, Institut Supérieur de Gestion de Gabès, Université de Gabès, Gabès, Tunisia,    ^dCollege of Science and Humanities in Slayel, Business Administration Department, Salman bin Abdulaziz University, Saudi Arabia,    E-mail: [e-mail], [e-mail], [e-mail]

Abstract

This chapter contributes to the empirical finance literature on modeling ...