Empirical dynamics of emerging financial markets during the global mortgage crisis
| Autor: | Rahmi Erdem Aktuğ |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: | |
| Zdroj: | Borsa Istanbul Review, Vol 15, Iss 1, Pp 17-36 (2015) |
| Druh dokumentu: | article |
| ISSN: | 2214-8450 |
| DOI: | 10.1016/j.bir.2014.11.001 |
| Popis: | Focusing on five major emerging markets, I investigate the interactions between credit default swap premiums, foreign exchange rates, local currency government bond spreads, and national stock market returns over the period 4/2/2007 to 8/27/2009. Empirical analysis indicates that bond markets, along with foreign exchange markets, were very dominant in the price discovery process during a common distressed period. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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