Investigating the Financial Crisis of the Iranian Stock Exchange Using Transfer Entropy Method and comparing it with the Dow Jones Financial Market

The focus of the present study is on financial markets Iran. In fact, purpose to examine critical state Iranian stock market and compare it with one famous American called Dow Jones. crisis effect interaction companies within a market. According modern theory, phenomenon orientation finding negative preferred direction among companies. data 180 this that were active during period 2008 2019 used investigate Stock Exchange. results show average transfer entropy for firms in more random. That say, observed declines do not correspond time periods Although seems be good indicator determining US Jones market, cannot an