Examination of Financial Contagion between Stock, Exchange Rate and Gold Coin Markets in Iran Fallahi Firouza, Sanoubar Naserb, Hghighat Jafarc, Jahangiri Khalild aAssociate Prof., Economics, University of Tabriz, Iran bAssociate Prof., Management, University of Tabriz, Iran cProf., Economics, University of Tabriz, Iran dPh.D. Student, Economics, University of Tabriz, Iran Online published on 23 September, 2014. Abstract The aim of this paper is to examine contagion phenomenon between stock market, exchange rate and gold coin market using the DCC-GARCH model and correlations analysis over the period from 27/03/2010 to 21/09/2013 in Iran. Results from the time-varying conditional correlation test for contagion show that only the exchange and gold coin market show evidence of contagion, and there is no contagion evidence between stock-gold coin markets and stock-exchange markets. Top Keywords Financial Contagion, Stock Market, Exchange Rate, Gold Coin, DCC Model. Top |