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Dergiler / ODTÜ Gelişme Dergisi / 2010 / Cilt: 37 - Sayı: 1

Gelişmekte olan ekonomilerde global risk algılamasının çeşitlendirme etkisi

Diversification effect of global risk perceptions in developing countries

Hacıhasanoğlu ERK
UĞUR SOYTAŞ
Sayfa
41–52
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Although the results of the study partially support the claim that changes in global risk perception have an impact on contagion of crises across emerging markets in the short run, it is also shown that investors with a long term concern can benefit from international diversification.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:As financial systems become more integrated, investors have started to diversify more to reduce the portfolio risk.
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Temel Bulgular & Veri:In the literature, it is argued that fluctuations in global risk perceptions have an impact on contagion of crises.
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Sonuç & Katkı:Although the results of the study partially support the claim that changes in global risk perception have an impact on contagion of crises across emerging markets in the short run, it is also shown that investors with a long term concern can benefit from international diversification.
🔬Tür:Araştırma Makalesi
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:Alan Parametreleri

Abstract

As financial systems become more integrated, investors have started to diversify more to reduce the portfolio risk. In the literature, it is argued that fluctuations in global risk perceptions have an impact on contagion of crises. In this article, we investigate the effect of global risk perceptions on credit default spreads of emerging markets. Although the results of the study partially support the claim that changes in global risk perception have an impact on contagion of crises across emerging markets in the short run, it is also shown that investors with a long term concern can benefit from international diversification.

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Bu Makaleye Atıf Yap

ERK, H., SOYTAŞ, U. (2010). Gelişmekte olan ekonomilerde global risk algılamasının çeşitlendirme etkisi. ODTÜ Gelişme Dergisi, Cilt: 37 - Sayı: 1, 41–52. https://ajindex.com/articles/292011

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Kaynakça (12)

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