Amb motiu del tancament d'estiu, la validació de documents es reprendrà a partir del 28 d'agost de 2026. Disculpeu les molèsties.
Con motivo del cierre de verano, la validación de documentos se reanudará a partir del 28 de agosto de 2026. Disculpad las molestias
Due to the summer closure, document validation will resume starting August 28, 2026. We apologize for any inconvenience.

Files

707253.pdf (554.79 KB)

Document type

Article

Version

Accepted version

Publication date

2021-03

All rights reserved

Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/175040

Impact of emerging technologies in banking and finance in Europe: A volatility spillover and contagion approach

Journal Title

Authors

Director/Tutor

Journal ISSN

Volume Title

Related resource

https://doi.org/10.3233/JIFS-189195

Abstract

The empirical evidence suggests that stock returns in the emerging technology environment exhibit high stock return volatility. The fundamental aim of the article is to investigate the dynamic, time series properties of the correlations between daily log returns and magnitude of the volatility transmissions from the emerging technologies environment to the Spanish banking sector, the Spanish market portfolio and the finance industry in the EU area. Using daily log returns for the performance variables and an equally weighted index was constructed as proxy to represent the emerging technology phenomena covering a period from the 7th of July of 2015 to the 20th of September of 2019. The study applies generalized autoregressive conditional heteroskedasticity GARCH followed by the diagonal BEKK approach (...)

Subject

Innovacions tecnològiques, Anàlisi de sèries temporals, Operacions bancàries, Estadística financera

Subject (English)

Technological innovations, Time-series analysis, Bank transactions, Financial statistics

Citation

Collections

Articles publicats en revistes (Empresa)

Citation

ARENAS, Laura and GIL LAFUENTE, Anna Maria. Impact of emerging technologies in banking and finance in Europe: A volatility spillover and contagion approach. Journal of Intelligent and Fuzzy Systems. 2021. Vol. 40, num. 2, pags. 1903-1919. ISSN 1064-1246. [consulted: 14 of August of 2026]. Available at: https://hdl.handle.net/2445/175040

Export metadata

JSON - METS

Share record