Financial contagion and investor learning

an empirical investigation
  • 36 Pages
  • 0.72 MB
  • 6304 Downloads
  • English
by
International Monetary Fund, Monetary and Exchange Affairs Department , [Washington, D.C.]
Financial crises -- Econometric models., Contagion (Social psychology) -- Econometric models., Risk -- Econometric mo
StatementRitu Basu.
GenreEconometric models.
SeriesIMF working paper -- WP/02/218
ContributionsInternational Monetary Fund. RMonetary and Exchange Affairs Dept.
The Physical Object
Pagination36 p. :
ID Numbers
Open LibraryOL21739051M

Title: Financial Contagion and Investor "Learning": An Empirical Investigation - WP/02/ Created Date: 12/26/ AM.

Download Financial contagion and investor learning FB2

There have been several episodes of financial market "contagion" in the s. Is contagion driven by herd behavior. Does it reflect fundamental economic linkages between countries. Or are episodes of contagion driven by investor learning and risk reassessment about a select group of countries.

The latest insights on financial contagion and how both nations and investors can effectively deal with it. The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the fact remains that our financial system is not as secure as it.

5. Your Money and Your Brain. Author: Jason Zweig Best for: Improving your “mental” investing skill Amazon customer rating: out of 5 stars ( ratings) as of Sept. 22, Long-time Wall Street Journal financial journalist Jason Zweig takes you on a journey to the ways your brain can mess you up as an investor.

There have been several episodes of financial market "contagion" in the s. Is contagion driven by herd behavior. Does it reflect fundamental economic linkages between countries. Or are episodes of contagion driven by investor learning and risk reassessment about a select group of countries.

We pursue these questions by studying the persistence in the spillover of shocks following Cited by: The prominent question, of course, is whether contagion could really have been the key factor and, if so, what are the channels and mechanisms through which it operated in such a powerful manner.

The question is obvious because untilAsia's economies were generally believed to be immensely successful, stable and well managed. The book also provides a deep dive into fund management, so you can learn what's going on behind the scenes with your mutual funds.

Most of all, this investing book. 1. Introduction. Episodes of financial contagion are a frequent phenomenon. 1 These spillovers of disturbances across countries, markets or asset classes can be explained through several channels, which are generally grouped in two classes: (i) fundamental based contagion, which occurs through trade or financial linkages, and (ii) non-fundamental based contagion that results from investors.

Through this book, you will learn how to predict the markets and tune your finances to take advantage of the next big thing. Think and Grow Rich. Napoleon Hill is popular among millionaires for motivational literature found in his financial education book, Think and Grow Rich. It describes timeless principles for personal achievement.

It is crucial for the study of financial contagion to calculate the “correct” value for a financial institution. However, many studies on financial contagion ignore the effects of cross-holdings on such values, e.g.

Therefore, in this subsection we calculate the book value and market value within the framework of the financial system. Even if you’re a seasoned investor, there’s always more to learn.

The best books on personal investing are full of experience and insights from financial experts. 10 Best Investment Books to Add to Your Reading List.

With so many titles available, narrowing your. New investors can learn a great deal by reading books on the subject of finance and investing. Many of these books are timeless, and written by.

This book aims to integrate the notions of contagion in epidemiology and of contagion in financial market crises to discover why emerging markets are so susceptible to financial crises. The author first provides a brief introduction of the contagious spill-over of recent financial market crises and models the pattern of these : Friedrich L.

Sell. Available data suggest that the main channels that contribute to transmitting financial crises across countries are – if anything – even stronger today than in the s.

Moreover, anticipation by international investors may help to explain the near-absence of contagion in. By learning to analyze potential investments in depth, investors can learn how to spot underpriced stocks backed by robust companies. The central tenet of the book is. Existing researches related to financial contagion are mainly concentrated in two aspects: one is at macro level to analyze contagion between different markets.

Chang et al. use the method of Baker and Wurgler, to get sentiment index. They use a regression analysis method and find that US investor sentiment will have an impact on the returns. The latest insights on financial contagion and how both nations and investors can effectively deal with it.

The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the fact remains that our financial system is not as secure as it Author: Robert W.

Kolb. The book explains in detail, what are financial statements, how to analyze them in a step by step process. The book covers different types of analysis using both numerical and ratio analysis.

The book uses real life data to analyze and explain various concepts of financial statement analysis.

Description Financial contagion and investor learning FB2

Financial Contagion: The Viral Threat to the Wealth of Nations (Robert W. Kolb Series Book ) - Kindle edition by Kolb, Robert W. Download it once and read it on your Kindle device, PC, phones or tablets.

Use features like bookmarks, note taking and highlighting while reading Financial Contagion: The Viral Threat to the Wealth of Nations (Robert W. Kolb Series Book ).Author: Robert W. Kolb. In Financial Crisis, Contagion, and Containment: From Asia to Argentina, Padma Desai addresses important concerns about emerging market economies’ compatibility with inherently volatile global financial markets.

Desai is the Gladys and Roland Harriman Professor of Comparative Economic Systems and director of the Center for Transition Economies at Columbia University.

Financial market contagion in the Asian crisis (IMF working paper) [Baig, Taimur] on *FREE* shipping on qualifying offers. Financial market contagion in the Asian crisis (IMF working paper)Author: Taimur Baig. Defining contagion as the excess correlation of economic and financial assets (Bekaert et.

al., ), contagion is the outcome of optimal portfolio diversification as investors tend to choose assets without being optimal informed about them (Calvo & Mendoza, ). Contagion effects might also be strengthening by financial globalization. Financial Contagion by Robert W.

Kolb,available at Book Depository with free delivery worldwide. The latest insights on financial contagion and how both nations and investors can effectively deal with it. The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the fact remains that our financial system is not as secure as it.

"Financial Contagion" is an English translation of a book by German journalist Richard Lewinsohn. Lewinsohn is not a well-known name these days, but back in his time, his books. The Handbook of Investors' Behavior during Financial Crises provides fundamental information about investor behavior during turbulent periods, such the dot com crash and the global financial crisis.

Contributors share the same behavioral finance tools and techniques while analyzing behaviors across a variety of market structures and. Financial contagion describes the cascading effects that an initially idiosyncratic shock to a small part of a financial system can have on the entire system.

Details Financial contagion and investor learning PDF

and the way in which investors perceived the country’s financial system. View chapter Purchase book. Read full chapter present a model where contagion is a result of learning. That’s financial contagion, and sometimes the epidemiology makes sense. A market crash in one country affects banks in another.

Debt troubles of one government lead investors. A Decade of Delusions: From Speculative Contagion to the Great Recession - Kindle edition by Martin, Frank K., Bogle, John C. Download it once and read it on your Kindle device, PC, phones or tablets.

Use features like bookmarks, note taking and highlighting while reading A Decade of Delusions: From Speculative Contagion to the Great s:   This reaction is due to the fact that investors rapidly incorporate the news from one market into the prices of other assets, through a learning mechanism (e.g., Kodres and Pritsker, ).

Because of the abrupt nature of this mechanism, we associate the correlated information channel to the dynamic and non-linear contagion effect captured by. The latest insights on financial contagion and how both nations and investors can effectively deal with it.

The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the fact remains that our financial system is not as secure as it Manufacturer: Wiley.PART FOUR Contagion in the Financial Crisis of – 24 Contagion and the Real Economy during the Global Financial Crisis Dirk G.

Baur 25 The Financial Crisis of and Subprime Securities Gerald P. Dwyer and Paula A. Tkac 26 The Transmission of Liquidity Shocks during the Financial Crisis of – 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. In the first part, the chapter considers contagion via transmission of shocks, such as abrupt drops in the flow of.