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dc.contributor.authorKılıç, Erdem
dc.contributor.authorUlusoy, Veysel
dc.date.accessioned2019-02-14T21:05:58Z
dc.date.available2019-02-14T21:05:58Z
dc.date.issued2015en_US
dc.identifier.citationKilic, E., & Ulusoy, V. (February, 2015). Evidence for financial contagion in endogenous volatile periods. Review of Development Economics, 19, 1, 62-74. DOI : 10.1111/rode.12126en_US
dc.identifier.issn1363-6669
dc.identifier.urihttps://doi.org/10.1111/rode.12126
dc.identifier.urihttps://hdl.handle.net/20.500.11779/271
dc.description.abstractThe objective of this study is to analyze cross-border contagious dynamics in both foreign exchange markets and stock exchange markets. Propagation is analyzed with respect to the transmission of excessive volatility that is endogenously determined. The contagion process is discussed in the context of financial systems, foreign direct investments and trade. Implementing a vector autoregressive-multivariate generalized autoregressive conditional heteroskedasticity (VAR-MGARCH) model, we show that country-specific turbulence in financial markets is able to create unanticipated financial contagion across countries. Diversified trade and financial relations decrease the risk of exposure to contagion from external markets. The world's largest economies, however, play a price-setter role, and diversification is of secondary importance. Asymmetric transmission of the empirically predicted contagion prevails in the latter case.en_US
dc.language.isoengen_US
dc.publisherWileyen_US
dc.relation.ispartofReview of Development Economicsen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCentral Bank Policyen_US
dc.titleEvidence for financial contagion in endogenous volatile periodsen_US
dc.typearticleen_US
dc.departmentİİSBF, Ekonomi Bölümüen_US
dc.authoridErdem Kılıç / 122262en_US
dc.authoridErdem Kılıç / 0000-0003-1917-2227en_US
dc.identifier.volume19en_US
dc.identifier.issue1en_US
dc.identifier.startpage62en_US
dc.identifier.endpage74en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.description.wosidWOS:000348874700005en_US
dc.description.scopusid2-s2.0-84921457408en_US
dc.contributor.institutionauthorKılıç, Erdem
dc.description.woscitationindexSocial Sciences Citation Indexen_US
dc.description.qualityQ4en_US
dc.description.WoSDocumentTypeArticleen_US
dc.description.WoSInternationalCollaborationUluslararası işbirliği ile yapılmayan - HAYIRen_US
dc.description.WoSPublishedMonthŞubaten_US
dc.description.WoSIndexDate2015en_US
dc.description.WoSYOKperiodYÖK - 2014-15en_US
dc.identifier.doi10.1111/rode.12126en_US


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