Integration, Financial Securities and Contagion Risk

Language: English

Published by LAP LAMBERT Academic Publishing Feb 2017, 2017

333004408X / 9783330044081

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -In this volume 'Integration, Financial Securities and Contagion Risk: Empirical Evidence for the Period 1995-2016' the authors estimate, econometrically, the connections and the degree of integration among financial markets in the U.S., Europe and Asia. Defined as the correlation between markets above what is already implicit in the fundamentals of the underlying assets, contagion is a subproduct of this integration imposed by globalization. The evidence is not merely inconvenient, but also worrisome as greater integration has also led to greater volatility and financial risk. This integration and the monetary policy followed by the major Central Banks around the world after the 2008 turmoil, are posing additional risks for another plausible major financial crisis in the near future. This high liquidity has broken many of the historical correlations that were in the market, while volatility indexes are at their historical minimum signaling a false sense of health of the international financial system. It seems that a new financial order could be established from this point to the end of 2020; perhaps this is what the empirical evidence shown in this book is telling us. 64 pp. Englisch.

Seller Inventory # 9783330044081

Title
Integration, Financial Securities and Contagion Risk
Author
Pedro V. Piffaut
Publisher
LAP LAMBERT Academic Publishing Feb 2017
Publication year
2017
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
333004408X
ISBN 13
9783330044081
Item weight
113 grams
Dimensions
220x150x4 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

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BuchWeltWeit Ludwig Meier e.K.

Germany