01977cas a2200253 a 4500 AALejournalIMF016688 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513572451 1018-5941 BD-DhAAL BD-DhAAL Guimaraes-Filho, Roberto. Dynamic Connectedness of Asian Equity Markets / Roberto Guimaraes-Filho, Gee Hee Hong. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Understanding how markets are connected and shocks are transmitted is an important issue for policymakers and market participants. In this paper, we examine the connectedness of Asian equity markets within the region and vis-a-vis other major global markets. Using time-varying connectedness measures, we address the following questions: (1) How has connectedness in asset returns and volatilities changed over time? Do markets become more connected during crises periods? (2) Which markets are major sources and major recipients of shocks? Has there been a shift in terms of the net shock givers and shock receivers (directional connectedness over time)? Finally, we investigate the connectedness between China's equity markets and other countries' equity markets since August 2015 to highlight the growing importance of emerging market economies, particularly China, as sources of shocks. Mode of access: Internet Hong, Gee Hee. IMF Working Papers; Working Paper ; No. 2016/057 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/057/001.2016.issue-057-en.xml IMF e-Library