@article{Harb_H-2024_186814,
title = {Shock Resistors or Transmitters? Contagion across Industries and Countries during the COVID-19 Pandemic and the Global Financial Crisis},
author = {Harb, H. and Umutlu, M.},
month = {oct},
year = {2024},
abstract = {We examine how global shocks from various sources propagate across industries and countries. Financial contagion is measured using residual-based and volatility-adjusted correlation. Specific industries and countries were resilient during both global crises, while others played a significant role in transmitting shocks.},
journal = {Economics Letters},
publisher = {Elsevier},
url = {https://doi.org/10.1016/j.econlet.2024.112026},
}
