Mutual Information Based Analysis for the Distribution of Financial Contagion in Stock Markets

<div>The MaxST of the contagion distribution for the entire crisis period. Asian and Oceanian markets are shown as yellow circles. European markets are shown as blue triangles. American markets are shown as red squares.</div>

Discrete Dynamics in Nature and Society

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Figure 4

Figure 4: Mutual Information Based Analysis for the Distribution of Financial Contagion in Stock Markets 