Research Article

Time-Frequency Volatility Spillovers among Major International Financial Markets: Perspective from Global Extreme Events

Figure 5

Total spillover index in time and frequency domains: (a) TCI (time-domain), (b) TCI (short-term), (c) TCI (medium-term), and (d) TCI (long-term).
(a)
(b)
(c)
(d)