Titlebook: International Financial Contagion; Stijn Claessens,Kristin J. Forbes Book 2001 Springer Science+Business Media New York 2001 ASEAN.East As

Explosive

The Channels for Financial Contagiont is useful to consider an example in which contagion is defined as a shock in one market or country that is transmitted to another market or country, but is not related to fundamentals. Similar definitions often appear in the literature on contagion...

刺耳的声音

Flight to Quality: ,n the summer of 1998, in conjunction with the all-but-failure of Long-Term Capital Management, precipitated a flight to quality with a strong negative impact on market sentiment regarding the entire population of emerging-market borrowers.

Keratin

意外

Portfolio Diversification, Leverage, and Financial Contagionl markets. Several models of financial contagion have been developed that can explain why investors might sell many risky assets when an adverse shock affects just one asset. These models associate financial contagion with market imperfections — most often asymmetric information.

柔美流畅

Financial Contagion in the East Asian Crisis: ,e out in July 1997, that they abruptly pulled their investments out of the other countries in the region and caused the crisis to be contagious. Their withdrawal was prompted by the belief that these countries suffered from similar structural problems as those causing a speculative attack on Thailand.

Ordnance

亚当心理阴影

Antigen

restrain

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背带

https://doi.org/10.1007/978-1-4757-3314-3ASEAN; East Asia; Financial Market; Investment; Portfolio