Redirigiendo al acceso original de articulo en 20 segundos...
ARTÍCULO
TITULO

Impacts Of The 2008 Financial Crisis On South American Equity Markets

Jae-Kwang Hwang    
Young Dimkpah    
Alex I. Ogwu    

Resumen

This paper examines the transmission of the 2008 US financial crisis to four Latin American stock markets using daily stock returns from 2006 to 2009, analyzing returns before and during the 2008 financial crisis. The empirical evidence presents a financial integration by showing persistently higher volatility during the crisis period. This indicates that most of the stock markets in this study were severely hit by the US financial crisis. However, the evidence shows that Chile was less impacted by the 2008 financial crisis. The results here could be useful in international portfolio diversification decision-making in South American region.

 Artículos similares

       
 
Lenka Stryckova    
Financial decision making in family companies is a topical issue that has arisen from an awareness of the significant impact of family businesses on the economies of individual countries. This article deals with the capital structure and business perform... ver más

 
Likittanawong Supawat and Leemakdej Arnat    
Studies that quantify the price impact of the information in corporate press releases and news articles mainly focus on quantitative news, such as earnings announcements, dividends, and financial performance-related events, but leave out other corporate ... ver más

 
Fathi Rufaidah, Tuti Karyani, Eliana Wulandari and Iwan Setiawan    
Technological developments, especially in the financial sector, are slowly changing the financial industry through digitalization towards fintech. The application of fintech has been introduced to Indonesia in the last few years; however, the existence a... ver más

 
Eirini Stavropoulou, Konstantinos Spinthiropoulos, Alexandros Garefalakis, Konstantina Ragazou and Fragkiskos Gonidakis    
The technological developments in the social economy have significant implications for social banks and are optimistically changing the way social retail banks conduct their business. Social banks can invest in social services for small- and medium-sized... ver más

 
Md Monzur Morshed and Keshav Lall Maharjan    
Despite the expansion of financial institutions and the proliferation of mobile financial services, reaching the unbanked and bringing them under formal financial services has become a policy concern in many developing countries. Due to the lack of finan... ver más