Rolling 262-day window estimates of coefficients of determination (R-squared) of the market model for the MSCI BRIC Index and MSCI Russia Index in the period January 2002–September 2015. Notes: BRIC (LC) are the local currency estimates, whereas BRIC (USD) are the estimates in US dollars. The MSCI BRIC Index and MSCI Russia Index are total return indices in USD terms and local currencies. Sources: Thomson Reuters Datastream; Authors’ calculations.

 
 
  Part of: Nivorozhkin E, Castagneto-Gissey G (2016) Russian stock market in the aftermath of the Ukrainian crisis. Russian Journal of Economics 2(1): 23-40. https://doi.org/10.1016/j.ruje.2016.04.002