Contagion testing in frontier markets under alternative stressful S&P 500 market scenarios (2022)
Journal Article
Mahadeo, S. M., Heinlein, R., & Legrenzi, G. (2022). Contagion testing in frontier markets under alternative stressful S&P 500 market scenarios. North American Journal of Economics and Finance, 60, Article 101629. https://doi.org/10.1016/j.najef.2021.101629

We use alternative approaches to identify stable and stressful scenarios in the S&P 500 market, to offer a new perspective for constructing contagion tests in recipient frontier markets vulnerable to disturbances from this source market. The S&P 500... Read More about Contagion testing in frontier markets under alternative stressful S&P 500 market scenarios.

Crude oil and stock markets in the COVID-19 crisis: Evidence from oil exporters and importers (2021)
Journal Article
Heinlein, R., Legrenzi, G. D., & Mahadeo, S. M. (2021). Crude oil and stock markets in the COVID-19 crisis: Evidence from oil exporters and importers. Quarterly Review of Economics and Finance, 223 - 229. https://doi.org/10.1016/j.qref.2021.09.007

Financial assets tend to immediately react to the developments of a global crisis. We investigate how the relationship between crude oil and stock market returns for a heterogeneous selection of oil exporters and importers has been affected in the on... Read More about Crude oil and stock markets in the COVID-19 crisis: Evidence from oil exporters and importers.