Directional spillovers from the U.S. and the Saudi market to equities in the Gulf Cooperation Council countries

Basel Awartani1, Aktham Maghyereh2, Mohammad Al Shiab3
1Plymouth Business School, Plymouth University, Drake Circus, Plymouth, United Kingdom
2Department of Economics and Finance, United Arab Emirates University, United Arab Emirates
3Business School, New York Institute of Technology, CERT Technology Park, Moroor Road, 5464 Abu Dhabi, United Arab Emirates

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