English, Article edition: CURRENCY MARKET CONTAGION IN THE ASIA-PACIFIC REGION MARDI DUNGEY; RENEE FRY; VANCE L. MARTIN

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Bookmark: http://trove.nla.gov.au/version/166932
Physical Description
  • article
Language
  • English

Edition details

Title
  • CURRENCY MARKET CONTAGION IN THE ASIA-PACIFIC REGION
Author
  • MARDI DUNGEY
  • RENEE FRY
  • VANCE L. MARTIN
Physical Description
  • article
Notes
  • During the East Asian currency crisis of 1997-98 the potential transmission of the crisis to developed markets such as Japan, Australia and New Zealand, was of considerable policy concern. Potential channels consist of anticipated movements stemming from common factors, spillovers and contagion. The empirical results show that the transmission of volatility in the East-Asian currency markets to the developed markets in the region is not due to contagion, but rather attributed to common world factors. Spillovers have a minor role in the case of Japan and to a lesser degree, Australia. Copyright Blackwell Publishing Ltd/​University of Adelaide and Flinders University of South Australia 2004.
  • RePEc:bla:ausecp:v:43:y:2004:i:4:p:379-395
Language
  • English
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