Vai al contenuto principale della pagina
Autore: | Sun Tao |
Titolo: | Spillovers to Emerging Equity Markets : : An Econometric Assessment / / Tao Sun, L. Psalida |
Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica: | 1 online resource (34 p.) |
Soggetto topico: | Investments - Mathematical models |
Econometrics | |
Banks and Banking | |
Finance: General | |
Investments: Stocks | |
General Financial Markets: General (includes Measurement and Data) | |
Pension Funds | |
Non-bank Financial Institutions | |
Financial Instruments | |
Institutional Investors | |
Financing Policy | |
Financial Risk and Risk Management | |
Capital and Ownership Structure | |
Value of Firms | |
Goodwill | |
Financial Markets and the Macroeconomy | |
Finance | |
Investment & securities | |
Financial services law & regulation | |
Stock markets | |
Stocks | |
Emerging and frontier financial markets | |
Market risk | |
Market capitalization | |
Financial markets | |
Financial institutions | |
Financial regulation and supervision | |
Stock exchanges | |
Financial services industry | |
Financial risk management | |
Soggetto geografico: | United States |
Altri autori: | PsalidaL |
Note generali: | Description based upon print version of record. |
Nota di bibliografia: | Includes bibliographical references. |
Nota di contenuto: | Contents; I. Introduction; II. Performance of Emerging Market Equity Markets; Figures; 1. Selected Equity Market Indices; 2. Emerging Market Economies: Composition of Capital Inflows; 3. Current Account Balances and Capital Flows from a Global Perspective; 4. Stock Market Capitalization; 5. Total Equity Market Returns; 6. Emerging Market Economies: Price/Earnings Ratios; 7. Total Foreign Holdings of Equity; 8. Emerging Markets Equity Indices and Foreign Investor Presence; Tables; 1. Emerging Equity Market Peaks and Troughs: Current and Previous Episodes; III. Methodology of Panel Estimation |
2. Unit Root Tests 3. Pedroni Heterogeneous Panel Co-integration Tests; IV. Results of the Panel Estimation; 4. Fixed-Effects Panel Least-Squares Estimation, First Specification; 5. Fixed-Effects Panel Least-Squares Estimation, Second Specification; V. Scenarios of impact; 6. Effects of External Shocks on the Growth Rates of Emerging Market Equity Prices; VI. Contribution of domestic and external factors; VII. Vector Auto-regression Model and results; 7. Contribution of Global and Domestic Factors to Equity Price Changes; 9. Impulse Responses to the Global Shocks for the Seven Countries | |
VIII. Main Conclusions Annexes; I. Methodological Issues; II. Data and explanatory variables; References | |
Sommario/riassunto: | This paper shows that emerging market equity prices are influenced by growing global factors, and therefore global factors constitute a significant channel for spillovers when the international economic environment changes. Strengthening their resilience to equity price declines remains an important goal for emerging market economies. |
Titolo autorizzato: | Spillovers to Emerging Equity Markets |
ISBN: | 1-4623-6283-4 |
1-4527-0769-3 | |
1-282-84326-5 | |
1-4518-7258-5 | |
9786612843266 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910788335103321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |