Show simple item record

dc.contributor.authorRudkin, Simon*
dc.contributor.authorWong, S.M.*
dc.date.accessioned2016-09-22T16:51:32Z
dc.date.available2016-09-22T16:51:32Z
dc.date.issued2015
dc.identifier.citationRudkin S and Wong SM (2015) South East Asian financial linkages and the changing role of China: insights from a global VAR. Munich Personal RePEc Archive Paper. Number 65079.
dc.identifier.urihttp://hdl.handle.net/10454/9455
dc.descriptionYesen
dc.description.abstractAs major financial crises, and the rise of China have shaped the new world order, so it is inevitable that those nations, especially in South East Asia, that once looked west for stability need to reappraise their situation. With the markets so intertwined in events, studying the propagation of equity price shocks within the wider set of macroeconomic variables allows us to say more about how relations are changing, and the likely impacts of any future crash. With data reaching into 2014, this paper is better able to reflect the post global financial crisis period. Using a Global Vector Autoregressive (GVAR) model we analyse these changes and what lies in store for South East Asia, and the ASEAN 4 in particular. Isolating three distinct trade patterns in our weight matrices responses to crises are clearly identifiable, and the opening up of China readily chartable. Indirect effects of China’s rise are highlighted; impacts on the ASEAN 4 being via other nations to date, but direct impact is appearing.en
dc.relation.isreferencedbyhttp://mpra.ub.uni-muenchen.de/65079/
dc.rights(c) 2015 The Authors.en
dc.subjectFinancial linkages; Global VAR; Equity pricesen
dc.titleSouth East Asian financial linkages and the changing role of China: insights from a global VAR
dc.status.refereedNot applicableen
dc.typeWorking paper
dc.type.versionAccepted manuscripten
refterms.dateFOA2018-07-25T14:33:38Z


Item file(s)

Thumbnail
Name:
rudkin.pdf
Size:
1.072Mb
Format:
PDF

This item appears in the following Collection(s)

Show simple item record