Daily CDS Pricing in Emerging Markets Before and During the Global Financial Crisis

2012 ◽  
Author(s):  
Ingo Fender ◽  
Bernd Hayo ◽  
Matthias Neuenkirch



2018 ◽  
Vol 20 (3) ◽  
pp. 259
Author(s):  
Young-Hee Kang ◽  
Kyunga Na

Although the global financial crisis of 2008 had tremendous effects on global businesses, its impact on firm performance in emerging markets is unknown. To develop this knowledge, this study explores the factors that influenced labor productivity in emerging markets before and after the crisis. Using a sample of 2,061 Mexican firms that were collected by the World Bank in 2006 and 2010, this study investigates the relationships of bribery, informality, and corporate governance to labor productivity. The results show that, before the crisis, informality and foreign ownership were positively associated with labor productivity. On the other hand, after the crisis, bribery and informality are negatively related to labor productivity, while foreign ownership and external auditing make positive impacts on labor productivity. The findings imply that businesses need to improve the quality of their corporate governance and decrease bribery. Governments of emerging markets need to reduce the levels of informality.



2018 ◽  
pp. 2114-2134
Author(s):  
Hasan Dinçer ◽  
Ümit Hacıoğlu

The latest global financial crisis and its effects on emerging economies engaged researchers' attention to the relationship between economic vulnerability factors and financial crisis. Especially, infrastructure and growth-based factors directly impact on the economic vulnerability of emerging economies. In this study, it is aimed to investigate the economic vulnerability factors indicating the infrastructure and growth of emerging markets after the global financial crisis of 2008 with a hybrid multi criteria decision making approach. To clarify the relationship between the subjective causality structures of the real world problems DEMATEL and PROMETHEE techniques have been employed in the hybrid model. The results illustrate that (1) Nigeria has the highest degree of the economic vulnerability in each year after the global financial crisis, and (2) Mexico for 2009, Turkey for 2012, and Korea for 2015 have the lowest degree of exogenous economic and environmental shocks among the selected emerging markets.



2012 ◽  
Vol 03 (01) ◽  
pp. 1240001 ◽  
Author(s):  
Swati R. Ghosh ◽  
Naotaka Sugawara ◽  
Juan Zalduendo

This paper examines the factors that determine banking flows from advanced economies to emerging markets. In addition to the usual determinants of capital flows in terms of global push and local pull factors, we examine the role of bilateral factors, such as growth differentials and economic size, as well as contagion factors and measures of the depth in financial interconnectedness between lenders and borrowers. We find profound differences across regions. In particular, in spite of the severe impact of the global financial crisis, emerging Europe stands out as a more stable region. Assuming that the determinants of banking flows remain unchanged in the presence of structural changes, we use these results to explore the short-term implications of Basel III capital regulations on banking flows to emerging markets.



2009 ◽  
Vol 09 (104) ◽  
pp. 1 ◽  
Author(s):  
Nathaniel Frank ◽  
Heiko Hesse ◽  
◽  


Sign in / Sign up

Export Citation Format

Share Document