Analysis of Multiple Structural Changes in Financial Contagion Based on the Largest Lyapunov Exponents

Table 5

The largest Lyapunov exponents and standard deviations for all-time series and various stages.

	All-time series	First stage	Second stage	Third stage	Fourth stage	Fifth stage
The largest Lyapunov exponents	0.0707	−0.0042	0.1694	−0.4556	−0.0129	−0.2726
S.D.	0.0139	0.0066	0.0111	0.0281	0.0104	0.0127