An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the movements of stock prices in major economies, i.e. Germany, Japan, the UK and the USA. Specifically, the cross-correlation function (CCF) approach is used to analyze the stock market. This volume provides some empirical evidence regarding the economic linkages among a group of different countries.
Chapter 2 and Chapter 3 analyze the international linkage of stock prices among Germany, Japan, the UK and the USA. Chapter 2 applies the...
An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the ...
Using new and representative data and advanced estimation models, this book examines important issues in China's labor market, including rural labor migration, employment and wage discrimination, the new dual labor market and economic returns on schooling.
Using new and representative data and advanced estimation models, this book examines important issues in China's labor market, including rural labor m...
The global financial crisis saw many Eurozone countries bearing excessive public debt. This led the government bond yields of some peripheral countries to rise sharply, resulting in the outbreak of the European sovereign debt crisis. The debt crisis is characterized by its immediate spread from Greece, the country of origin, to its neighbouring countries and the connection between the Eurozone banking sector and the public sector debt. Addressing these interesting features, this book sheds light on the impacts of the crisis on various financial markets in Europe.
This book is among the...
The global financial crisis saw many Eurozone countries bearing excessive public debt. This led the government bond yields of some peripheral count...
Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy for these countries to run up the ladder of economic growth, but the potential risks of quickly shifting from low/middle to high income levels are often overlooked. Careful studies in history reveal that the experience of moving up the ladder of economic growth has varied among countries.This book explores (1) the current state of Asian economies and 2)...
Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of ...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering more quickly from the crisis than major advanced economies. Yet, Asian financial systems remain underdeveloped. More open and efficient financial systems continue to be a key priority for Asia's development strategy. Emerging Asian economies need to tackle the new challenges to macroeconomic and financial stability posed by financial globalisation.
This book identifies the key challenges to Asia's financial development in an era of...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering m...
