Results 11 to 20 of about 115,140 (331)
A Critical Survey on the Contagion Effects of Financial Crisis
East Asian Economic Review, 2000 This paper critically reviews theoretical and empirical studies on financial contagion. The East Asian crisis in 1997 as well as the Mexican crisis in 1994 saw the serious spillover of financial turbulences among different countries, and consequently ...
Chi-Young Song
doaj +2 more sources
Financial Market Contagion in the Asian Crisis [PDF]
SSRN Electronic Journal, 1999 This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and the Philippines. We find that correlations in currency and sovereign spreads increase significantly during the crisis period, whereas the equity market correlations offer mixed evidence. We construct a set of dummy variables using daily
Taimur Baig, Ilan Goldfajn
openalex +10 more sources
The 2011 Japanese earthquake, tsunami and nuclear crisis: evidence of contagion from international financial markets [PDF]
, 2009 Natural disasters may inflict significant damage upon international financial markets. Using 33 international stock indexes and exchange rates, this paper examines if any contagion occurred across financial markets after the March 11, 2011 Japanese ...
Simplice A., Asongu
core +5 more sources
Vanishing financial contagion? [PDF]
Journal of Policy Modeling, 2007 While a number of emerging market crises were characterized by widespread contagion during the 1990s, more recent crises (notably, in Argentina) have been mostly contained within national borders. This has led some observers to wonder whether contagion might have become a feature of the past, with markets now better discriminating between countries ...
Tatiana Didier +2 more
openalex +5 more sources
Financial Contagion in Networks [PDF]
, 2016 This chapter provides an introduction to the literature on financial contagion in networks. We aim to do this by focusing on a limited number of papers in some formal detail, trying to illustrate their analogies and differences as much as possible within a common framework.
Antonio Cabrales +2 more
openalex +6 more sources
Rethinking Financial Contagion [PDF]
arXiv, 2016 How, and to what extent, does an interconnected financial system endogenously amplify external shocks? This paper attempts to reconcile some apparently different views emerged after the 2008 crisis regarding the nature and the relevance of contagion in financial networks.
Visentin, Gabriele +2 more
arxiv +6 more sources
Financial contagion in investment funds [PDF]
arXiv, 2016 Many new models for measuring financial contagion have been presented recently. While these models have not been specified for investment funds directly, there are many similarities that could be explored to extend the models. In this work we explore ideas developed about financial contagion to create a network of investment funds using both cross ...
Leonardo dos Santos Pinheiro +1 more
arxiv +3 more sources
How Likely Is Contagion in Financial Networks? [PDF]
SSRN Electronic Journal, 2013 Interconnections among financial institutions create potential channels for contagion and amplification of shocks to the financial system. We estimate the extent to which interconnections increase expected losses, with minimal information about network topology, under a wide range of shock distributions.
Paul Glasserman, H. Peyton Young
openalex +8 more sources
Derivatives and Credit Contagion in Interconnected Networks [PDF]
, 2012 The importance of adequately modeling credit risk has once again been highlighted in the recent financial crisis. Defaults tend to cluster around times of economic stress due to poor macro-economic conditions, {\em but also} by directly triggering each other through contagion.
A.G. Haldane +32 more
arxiv +7 more sources
CONTAGION EFFECTS OF US FINANCIAL CRISIS ON INDONESIA
Economic Journal of Emerging Markets, 2011 This research analyzes the contagion effects of the US financial markets on Indonesian fi-nancial markets during the 2008 global financial crisis.
Anika Sedyaning Wikanti
doaj +9 more sources