Artikel
Empirical Similarities and Differences Between the Global Financial Crisis and the Asian Crisis
The purpose of this article is to provide some empirical evidence about the recent global financial crisis compared to previous crises. First, this comparative analysis is conducted at the financial level by assessing the extent of international contagion among major stock markets during recent episodes of financial turbulence. Secondly, we examine the real impact of the crises, notably by comparing the losses of GDP during the recent crises in the advanced countries. Our results show that the recent financial crisis differs from other crises in the extent of the international contagion and the power with which it hit the real economies of the advanced countries.
- Language
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Englisch
- Bibliographic citation
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Journal: Asian Journal of Political Economy ; Volume: 4 ; Year: 2018 ; Issue: Winter Edition ; Pages: 228-236 ; Singapore: National University of Singapore (NUS)
- Classification
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Wirtschaft
General Equilibrium and Disequilibrium: Financial Markets
- Subject
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Financial crisis
- Event
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Geistige Schöpfung
- (who)
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Park, Ji-Woo
Jeong, Kim
- Event
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Veröffentlichung
- (who)
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National University of Singapore (NUS)
- (where)
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Singapore
- (when)
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2018
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Park, Ji-Woo
- Jeong, Kim
- National University of Singapore (NUS)
Time of origin
- 2018
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