skip to content
Financial Markets in Times of Stress Preview this item
ClosePreview this item
Checking...

Financial Markets in Times of Stress

Author: Graciela L Kaminsky; Carmen M Reinhart
Publisher: Cambridge, Mass. National Bureau of Economic Research 2001.
Series: Working paper series (National Bureau of Economic Research), no. w8569.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In this paper, we examine which markets are most synchronized internationally and exhibit the greater extent of comovement. We focus on daily data for four asset markets: bonds, equities, foreign exchange, and domestic money market. Our sample covers thirty-five developed and emerging market countries during 1997-1999. The extent of comovement and responsiveness to external shocks is examined in different ways. To  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Graciela L Kaminsky; Carmen M Reinhart
OCLC Number: 1027297502
Notes: October 2001.
Description: 1 online resource.
Details: Mode of access: World Wide Web.
Series Title: Working paper series (National Bureau of Economic Research), no. w8569.
Responsibility: Graciela L. Kaminsky, Carmen M. Reinhart.

Abstract:

In this paper, we examine which markets are most synchronized internationally and exhibit the greater extent of comovement. We focus on daily data for four asset markets: bonds, equities, foreign exchange, and domestic money market. Our sample covers thirty-five developed and emerging market countries during 1997-1999. The extent of comovement and responsiveness to external shocks is examined in different ways. To measure the response of these markets to adverse external shocks, we date the peaks in domestic interest rates and bond spreads and the largest daily declines in equity prices and assess the extent of clustering around the same period. We also analyze which markets show evidence of greatest comovement in general, irrespective of whether there are adverse shocks or not.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1027297502> # Financial Markets in Times of Stress
    a schema:CreativeWork, schema:Book, schema:MediaObject ;
    library:oclcnum "1027297502" ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/50642346#Place/cambridge_mass> ; # Cambridge, Mass.
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/firearms_ownership_united_states_states> ; # Firearms ownership--United States--States
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/firearms_ownership_u_s_states> ; # Firearms ownership--U.S. states
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/capital_market> ; # Capital market
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Place/united_states> ; # United States.
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/capital_movements> ; # Capital movements
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/f30_general> ; # F30 - General
    schema:about <http://experiment.worldcat.org/entity/work/data/50642346#Topic/f31_foreign_exchange> ; # F31 - Foreign Exchange
    schema:bookFormat schema:EBook ;
    schema:contributor <http://experiment.worldcat.org/entity/work/data/50642346#Person/reinhart_carmen_m> ; # Carmen M. Reinhart
    schema:creator <http://experiment.worldcat.org/entity/work/data/50642346#Person/kaminsky_graciela_l> ; # Graciela L. Kaminsky
    schema:datePublished "2001" ;
    schema:description "In this paper, we examine which markets are most synchronized internationally and exhibit the greater extent of comovement. We focus on daily data for four asset markets: bonds, equities, foreign exchange, and domestic money market. Our sample covers thirty-five developed and emerging market countries during 1997-1999. The extent of comovement and responsiveness to external shocks is examined in different ways. To measure the response of these markets to adverse external shocks, we date the peaks in domestic interest rates and bond spreads and the largest daily declines in equity prices and assess the extent of clustering around the same period. We also analyze which markets show evidence of greatest comovement in general, irrespective of whether there are adverse shocks or not."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/50642346> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/50642346#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/50642346#Series/nber_working_paper_series> ; # NBER working paper series
    schema:name "Financial Markets in Times of Stress"@en ;
    schema:productID "1027297502" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/1027297502#PublicationEvent/cambridge_mass_national_bureau_of_economic_research2001> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/50642346#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
    schema:url <http://papers.nber.org/papers/w8569> ;
    schema:url <http://VH7QX3XE2P.search.serialssolutions.com/?V=1.0&L=VH7QX3XE2P&S=AC_T_B&C=Financial%20Markets%20in%20Times%20of%20Stress&T=marc&tab=BOOKS> ;
    schema:url <http://www.nber.org/papers/w8569> ;
    schema:url <http://www.library.yorku.ca/e/resolver/id/1958362> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1027297502> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/50642346#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
    schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Person/kaminsky_graciela_l> # Graciela L. Kaminsky
    a schema:Person ;
    schema:familyName "Kaminsky" ;
    schema:givenName "Graciela L." ;
    schema:name "Graciela L. Kaminsky" ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Person/reinhart_carmen_m> # Carmen M. Reinhart
    a schema:Person ;
    schema:familyName "Reinhart" ;
    schema:givenName "Carmen M." ;
    schema:name "Carmen M. Reinhart" ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Place/cambridge_mass> # Cambridge, Mass.
    a schema:Place ;
    schema:name "Cambridge, Mass." ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Place/united_states> # United States.
    a schema:Place ;
    schema:name "United States." ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Series/nber_working_paper_series> # NBER working paper series
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1027297502> ; # Financial Markets in Times of Stress
    schema:name "NBER working paper series" ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1027297502> ; # Financial Markets in Times of Stress
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Topic/capital_movements> # Capital movements
    a schema:Intangible ;
    schema:name "Capital movements"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Topic/f31_foreign_exchange> # F31 - Foreign Exchange
    a schema:Intangible ;
    schema:name "F31 - Foreign Exchange"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Topic/firearms_ownership_u_s_states> # Firearms ownership--U.S. states
    a schema:Intangible ;
    schema:name "Firearms ownership--U.S. states"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/50642346#Topic/firearms_ownership_united_states_states> # Firearms ownership--United States--States
    a schema:Intangible ;
    schema:name "Firearms ownership--United States--States"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.