ManuScript Details
|
Paper Id:
|
IJARW1528
|
|
Title:
|
FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS
|
| Published in: |
International Journal Of All Research Writings |
| Publisher: |
IJARW |
| ISSN: |
2582-1008 |
| Volume / Issue: |
Volume 3 Issue 3 |
| Pages: |
10
|
| Published On: |
9/30/2021 11:38:30 PM (MM/dd/yyyy) |
Main Author Details
|
Name:
|
RAKOTOZAFY Rivo John Ronald |
| Institute: |
University of Antananarivo |
Co - Author Details
| Author Name |
Author Institute |
| Jean Lucien RAZAFINDRAKOTO |
University of Antananarivo |
Abstract
|
Research Area:
|
Economics |
| KeyWord: |
Subprime Crisis, contagion, transmission channel, financial markets, real sphere |
| Abstract: |
This paper studies the propagation of the subprime crisis on the real spheres of developed and emerging countries. This propagation is measured by the significant growth in the relationships between financial and activity variables after the bursting of the crisis. We then suggest a VAR model where the propagation of the crisis is measured by the stock market and banking shocks affecting household consumption and industrial production. Our estimation considers an observation period that is subdivided into two sub-periods in order to better capture the effect of the crisis : a quiet period and a crisis period. Our results show that the liquidity crises and stock market crashes generated by the subprime crisis have had a strong negative impact on the world economy, manifested by a sharp decline in consumption and a slowdown in private initiatives |
Citations
Copy and paste a formatted citation or use one of the links to import into a bibliography manager and reference.
|
IEEE
|
RAKOTOZAFY Rivo John Ronald, Jean Lucien RAZAFINDRAKOTO, "FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS", International Journal Of All Research Writings,
vol. 3, no. 3, pp. 28-37, 2021.
|
|
MLA
|
RAKOTOZAFY Rivo John Ronald, Jean Lucien RAZAFINDRAKOTO "FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS." International Journal Of All Research Writings,
vol 3, no. 3, 2021, pp. 28-37.
|
|
APA
|
RAKOTOZAFY Rivo John Ronald, Jean Lucien RAZAFINDRAKOTO (2021). FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS. International Journal Of All Research Writings,
3(3), 28-37.
|
FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS
Number Of Downloads - 11
Last downloaded on 21/10/2024
FROM THE FINANCIAL CRISIS TO THE GLOBAL CRISIS : IDENTIFICATION OF TRANSMISSION CHANNELS
Search On Google
