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Financial contagion: a meta-analysis based approach

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

The financial crisis of 2007-2008 was local initially, but rapidly spread all over the world and affected severly even countries with strong fundamentals and far away from the country of origin (the US). These events have left financial agents and economists wonder, what could be done to avoid this kind of financial contagion repeating itself in the future. The study takes a deep look into the subject and argues that herding behaviour or some other form of collectively irrational behaviour among financial agents is the root of financial contagions and therefore propagations of crises are close to inevitable. Two important policy implications are drawn from this finding, regarding to international portfolio diversification and appropriate financial architecture at the government level.

Product Specifications
SKU :COC58979
AuthorAndres Kuusk
LanguageEnglish
BindingPaperback
Number of Pages236
Publishing Year12.08.2014
ISBN9783659557194
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-08-05 00:00:00