Francis, Bill; Hasan, Iftekhar; Song, Liang; Yeung, Bernard - Suomen Pankki - 2012
bank stock price synchronicity during the financial crisis period. … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market (1) during the financial … crisis; (2) in countries that have more credit provided by banks; (3) in countries that do not have explicit depository …