Contagion in International Stock Markets during the Sub Prime Mortgage Crisis

Volume: 2 Number: 1 March 1, 2012
  • Hsien-Yi Lee
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Contagion in International Stock Markets during the Sub Prime Mortgage Crisis

Abstract

The sub prime mortgages crises took place in July, 2007 in US which causes the large scare in the global financial markets, and the international stock and foreign market suffer heavy shock. Using twenty international stock indexes, this study examines whether any contagion effect occurred across international markets after the sub-prime financial mortgage crisis in US. Using the heteroscedasticity biases based on correlation coefficients to examine the existence of the contagion effect, this study shows that stock markets of some countries (namely Hong Kong, Taiwan, Australia and New Zealand) did suffer from the contagion effect.

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Primary Language

English

Subjects

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Journal Section

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Authors

Hsien-Yi Lee This is me

Publication Date

March 1, 2012

Submission Date

March 1, 2012

Acceptance Date

-

Published in Issue

Year 2012 Volume: 2 Number: 1

IZ

https://izlik.org/JA99BH66NF

Cite

RIS / Bibtex
APA
Lee, H.-Y. (2012). Contagion in International Stock Markets during the Sub Prime Mortgage Crisis. International Journal of Economics and Financial Issues, 2(1), 41-53. https://izlik.org/JA99BH66NF
AMA
1.Lee HY. Contagion in International Stock Markets during the Sub Prime Mortgage Crisis. IJEFI. 2012;2(1):41-53. https://izlik.org/JA99BH66NF
Chicago
Lee, Hsien-Yi. 2012. “Contagion in International Stock Markets During the Sub Prime Mortgage Crisis”. International Journal of Economics and Financial Issues 2 (1): 41-53. https://izlik.org/JA99BH66NF.
EndNote
Lee H-Y (March 1, 2012) Contagion in International Stock Markets during the Sub Prime Mortgage Crisis. International Journal of Economics and Financial Issues 2 1 41–53.
IEEE
[1]H.-Y. Lee, “Contagion in International Stock Markets during the Sub Prime Mortgage Crisis”, IJEFI, vol. 2, no. 1, pp. 41–53, Mar. 2012, [Online]. Available: https://izlik.org/JA99BH66NF
ISNAD
Lee, Hsien-Yi. “Contagion in International Stock Markets During the Sub Prime Mortgage Crisis”. International Journal of Economics and Financial Issues 2/1 (March 1, 2012): 41-53. https://izlik.org/JA99BH66NF.
JAMA
1.Lee H-Y. Contagion in International Stock Markets during the Sub Prime Mortgage Crisis. IJEFI. 2012;2:41–53.
MLA
Lee, Hsien-Yi. “Contagion in International Stock Markets During the Sub Prime Mortgage Crisis”. International Journal of Economics and Financial Issues, vol. 2, no. 1, Mar. 2012, pp. 41-53, https://izlik.org/JA99BH66NF.
Vancouver
1.Hsien-Yi Lee. Contagion in International Stock Markets during the Sub Prime Mortgage Crisis. IJEFI [Internet]. 2012 Mar. 1;2(1):41-53. Available from: https://izlik.org/JA99BH66NF