Dilip K., Ghosh and Dipasri, Ghosh (2010) Market Meltdown and the Propagation Mechanism of Contagion. The International Journal of Banking and Finance, 7 (2). pp. 19-35. ISSN 1617-722

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Abstract

World economy came on a tailspin because of market meltdown and the propagation of contagion triggered by recession, starting mostly from the US economy. This work highlights the grim developments in the financial sectors and the real sectors world-wide, and then an attempt is made to highlight the propagation mechanism of infective contagion. Theoretical structures of such interconnected are showcased through various analytical vehicles. The indices of sensitivities and dispersions are measured in mathematical terms, and in that sense a new analytical framework is presented. However, empirical evaluations of the propagation mechanism remain unfinished because of the dearth of data

Item Type:	Article
Uncontrolled Keywords:	Market Meltdown, Contagion, Subprime Loans, Troubled Asset Relief Program (TARP), Securitization
Subjects:	H Social Sciences > HG Finance
Divisions:	School of Economics, Finance & Banking
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	25 Oct 2018 02:21
Last Modified:	25 Oct 2018 02:21
URI:	https://repo.uum.edu.my/id/eprint/25052

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