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Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

Alam-Yasin (p. 71-78)

Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF APPLIED BUSINESS AND ECONOMICS

Comparing Financial Contagion and Volatility Spill over and Structural

Break Within Major Asian Economies Pre and Post Global Recession to that of Asian Crisis

Author(s): Raisul Islam

Citation: Raisul Islam, (2014) "Comparing Financial Contagion and Volatility Spill over and Structural Break Within Major Asian Economies Pre and Post Global Recession to that of Asian Crisis," Journal of Applied Business and Economics, Vol. 16, Iss. 4, pp. 92-111

Article Type: Research paper

Publisher: North American Business Press

Abstract:

The significance and the originality of this paper lies in comparing, crisis effected Asian markets during

the Asian Financial Crisis 2007, success of macroeconomic policy adjustments and implementation of

tightening strategies to that of the impact of Financial crisis 2007 on the same markets. It is vital to

introduce the roles of sample markets such as South Korea, China, Singapore, Malaysia, India, Japan,

and Taiwan during the Asian crisis. Although the crisis initiated in Thailand, shocks propelled into South

Korea, a first degree (where shocks generate) crisis prone market and spilled the crisis over to second

degree markets (highly effected by shocks in first degree markets) of the Philippines, Malaysia, China and

Singapore, those mark significant co-movement. This paper canvasses evidence for financial contagion

and shock propagation that spread into specific Asian markets, generating from US equity markets. While

many papers examined the contagion effect applying long term association methods, in a linear model;

this paper concentrates on the conditional mean and variance framework in non-linear structure.