FİNANSAL BULAŞMA ÜZERİNE BİR LİTERATÜR İNCELEMESİ

Year 2017, Volume: 39 Issue: 2, 453 - 474, 24.12.2017

H. Zeynep Budak

https://doi.org/10.14780/muiibd.384138

Cited By: 1

Abstract

Finansal bulaşmanın krizlerin yayılmasındaki rolü son yıllarda sıklıkla tartışılmaktadır. Buna rağmen finansal bulaşmanın tanımına ve hangi kanallardan gerçekleştiğine dair bir uzlaşı bulunmamaktadır. Finansal kriz zamanlarında piyasaların volatilitesi ve yatırımcıların riske duyarlılığı önemli ölçüde artar. Finansal bulaşma ise, bu çalkantılı dönemlerde yatırımcıların çeşitlendirmeden sağladığı yararın azalmasına sebep olur. Bu nedenle, finansal bulaşmanın anlaşılması hem yerel hem de uluslararası yatırımcılar açısından büyük önem taşımaktadır. Bu çalışmada finansal bulaşmaya ilişkin bir literatür incelemesi sunulmaktadır. Çalışmada öncelikle finansal bulaşmanın tanımına ilişkin farklı yaklaşımlara yer verilecek ve bulaşmaya neden olan kanallara değinilecektir. Son olarak bulaşmanın tespit edilmesine yönelik ampirik yaklaşımlara yer verilecektir.

Keywords

Finansal Bulaşma, Bulaşma Kanalları, Finansal Kriz

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