Narrow search
Showing 1 - 10 of 87
Cover Image
Shift-Volatility Transmission in East Asian Equity Markets
Aloy, Marcel; Truchis, Gilles De; Dufrénot, Gilles; … - HAL - 2013
This paper attempts to provide evidence of "shift-volatility" transmission in the East Asian equity markets. By shift-volatility, we mean the volatility shifts from a low level to a high level, corresponding respectively to tranquil and crisis periods. We examine the interdependence of equity...
Persistent link: https://www.econbiz.de/10010933832
Cover Image
Business Cycles Synchronization in East Asia: A Markov-Switching Approach
Dufrénot, Gilles; Keddad, Benjamin - HAL - 2013
This paper attempts to analyze the relationships between the ASEAN-5 countries' business cycles. We examine the nature of business cycles correlation trying to disentangle between regional spillover effects (expansion and recession phases among the ASEAN-5 are correlated) and global spillovers...
Persistent link: https://www.econbiz.de/10010933854
Cover Image
The use of accounting and stock market data to predict bank financial distress: the case of East Asian banks
Distinguin, Isabelle; Tarazi, Amine; Trinidad, Jocelyn - HAL - 2011
This paper investigates whether market information could add to accounting information in the prediction of bank financial distress in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators and then extended to include market indicators. Dummy...
Persistent link: https://www.econbiz.de/10010607934
Cover Image
Are early market indicators of financial deterioration accurate for Too Big To Fail banks? Evidence from East Asia
Distinguin, Isabelle; Tarazi, Amine - HAL - 2010
This paper investigates whether market information is reliable to predict financial deterioration of large Too Big To Fail banks in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators to predict rating downgrades. The model is then extended to...
Persistent link: https://www.econbiz.de/10010820702
Cover Image
The determinants of bank stock return's co-movements in East Asia
Bautista, Carlos; Rous, Philippe; Tarazi, Amine - HAL - 2009
We examine co-movements of bank stock returns in eight East Asian countries after the 1997 crisis and attempt to determine the factors that influence them. Unlike Bautista and al (2008) who focus on a measure of the contribution of banks to systemic risk, we consider the return correlations...
Persistent link: https://www.econbiz.de/10010821010
Cover Image
The use of accounting and stock market data to predict bank financial distress: the case of East Asian banks
Distinguin, Isabelle; Tarazi, Amine; Trinidad, Jocelyn - HAL - 2008
This paper investigates whether market information could add to accounting information in the prediction of bank financial distress in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators and then extended to include market indicators. Dummy...
Persistent link: https://www.econbiz.de/10010821430
Cover Image
The impact of external shocks in East Asia : lessons from a structural VAR model with block exogeneity
Allegret, Jean-Pierre; Couharde, Cécile; Guillaumin, Cyriac - HAL - 2012
In this paper, we examine the relative importance of external shocks in domestic fluctuations of East Asian countries and check if these shocks lead to asymmetric or symmetric reactions between the considered economies. To this end, we estimate, over the period 1990.1-2010.4, a structural VAR...
Persistent link: https://www.econbiz.de/10010898573
Cover Image
Finance et accumulations dans le capitalisme post-industriel
Paulré, Bernard - HAL - 2008
The emergence of a knowledge capitalism is often considered as an alternative to a financial capitalism. Our goal is to … explain why the financial capitalism hypothesis is not relevant to characterize and to show that the hypothesis of a knowledge … capitalism can provide an explanation of the growth and the importance of finance. Three topics are considered:(1) the new forms …
Persistent link: https://www.econbiz.de/10009418569
Cover Image
Is the New Economy a Useful Concept ?
Paulré, Bernard - HAL - 2000
The present paper examines the meaning and usefulness of the concept of a New Economy. This construct, which first began to appear in the media in the mid-1990s, is utilised today with a variety of definitions and intentions. Having identified three possible denotations or orientations relating...
Persistent link: https://www.econbiz.de/10008793473
Cover Image
Sociology and political science in the patrimonial society: implications of Piketty's Capital
Bonnet, Francois; Théry, Clément - HAL - 2014
What are the implications of Piketty's Capital for sociology and political science? Capital's argument focuses on the evolution of the r/g ratio (capital returns over growth rate) and outlines two modes of economic inequalities. One is characteristic of affluent (g r) societies and the other is...
Persistent link: https://www.econbiz.de/10010899458