Go Tamakoshi is a Research Fellow at Department of Economics of Kobe University in Japan. He received his PhD in Economics from Kobe University, MBA from MIT Sloan School of Management, MS and MPP from the University of Michigan, Ann Arbor, and BA from Kyoto University. He has published many papers in refereed journals, such as European Journal of Finance, Applied Financial Economics, and North American Journal of Economics and Finance.Shigeyuki Hamori is a Professor of Economics at Kobe University in Japan. He received his PhD from Duke University and has published many papers in refereed journals. He is the author or co-author of Rural Labor Migration, Discrimination, and the New Dual Labor Market in China (Springer, 2014), and Indian Economy: Empirical Analysis on Monetary and Financial Issues in India (World Scientific, 2014). He is also the co-editor of Global Linkages and Economic Rebalancing in East Asia (World Scientific, 2013) and Financial Globalization and Regionalism in East Asia (Routledge, 2014).

• Introduction Part I:How were dynamic correlations among financial markets changed by the crisis? 1. Co-movements among stock markets of European financial institutions 2. Co-movements among GIIPS national stock indices 3. Co-movements among European exchange rates Part II:How were causalities among financial markets altered by the crisis? 4. The causality between Greek sovereign bond yields and southern European banking sector equity returns 5. Causality between the US dollar and the euro LIBOR-OIS spreads 6. Causality between the Euro and Greek sovereign CDS spreads Part III:When did structural changes owing to the crisis occur in financial markets? 7. Structural breaks in the volatility of the Greek sovereign bond index 8. Structural breaks in spillovers among banking stock indices in the EMU 9. Structural breaks in the relationship between the Eonia and Euribor rates in the interbank money market

Go Tamakoshi is a Research Fellow at Department of Economics of Kobe University in Japan. He received his PhD in Economics from Kobe University, MBA from MIT Sloan School of Management, MS and MPP from the University of Michigan, Ann Arbor, and BA from Kyoto University. He has published many papers in refereed journals, such as European Journal of Finance, Applied Financial Economics, and North American Journal of Economics and Finance.Shigeyuki Hamori is a Professor of Economics at Kobe University in Japan. He received his PhD from Duke University and has published many papers in refereed journals. He is the author or co-author of Rural Labor Migration, Discrimination, and the New Dual Labor Market in China (Springer, 2014), and Indian Economy: Empirical Analysis on Monetary and Financial Issues in India (World Scientific, 2014). He is also the co-editor of Global Linkages and Economic Rebalancing in East Asia (World Scientific, 2013) and Financial Globalization and Regionalism in East Asia (Routledge, 2014).

• Introduction Part I:How were dynamic correlations among financial markets changed by the crisis? 1. Co-movements among stock markets of European financial institutions 2. Co-movements among GIIPS national stock indices 3. Co-movements among European exchange rates Part II:How were causalities among financial markets altered by the crisis? 4. The causality between Greek sovereign bond yields and southern European banking sector equity returns 5. Causality between the US dollar and the euro LIBOR-OIS spreads 6. Causality between the Euro and Greek sovereign CDS spreads Part III:When did structural changes owing to the crisis occur in financial markets? 7. Structural breaks in the volatility of the Greek sovereign bond index 8. Structural breaks in spillovers among banking stock indices in the EMU 9. Structural breaks in the relationship between the Eonia and Euribor rates in the interbank money market

Go Tamakoshi is a Research Fellow at Department of Economics of Kobe University in Japan. He received his PhD in Economics from Kobe University, MBA from MIT Sloan School of Management, MS and MPP from the University of Michigan, Ann Arbor, and BA from Kyoto University. He has published many papers in refereed journals, such as European Journal of Finance, Applied Financial Economics, and North American Journal of Economics and Finance.Shigeyuki Hamori is a Professor of Economics at Kobe University in Japan. He received his PhD from Duke University and has published many papers in refereed journals. He is the author or co-author of Rural Labor Migration, Discrimination, and the New Dual Labor Market in China (Springer, 2014), and Indian Economy: Empirical Analysis on Monetary and Financial Issues in India (World Scientific, 2014). He is also the co-editor of Global Linkages and Economic Rebalancing in East Asia (World Scientific, 2013) and Financial Globalization and Regionalism in East Asia (Routledge, 2014).

• Introduction Part I:How were dynamic correlations among financial markets changed by the crisis? 1. Co-movements among stock markets of European financial institutions 2. Co-movements among GIIPS national stock indices 3. Co-movements among European exchange rates Part II:How were causalities among financial markets altered by the crisis? 4. The causality between Greek sovereign bond yields and southern European banking sector equity returns 5. Causality between the US dollar and the euro LIBOR-OIS spreads 6. Causality between the Euro and Greek sovereign CDS spreads Part III:When did structural changes owing to the crisis occur in financial markets? 7. Structural breaks in the volatility of the Greek sovereign bond index 8. Structural breaks in spillovers among banking stock indices in the EMU 9. Structural breaks in the relationship between the Eonia and Euribor rates in the interbank money market