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| 文件名: Anatomyofcrashes.pdf | |
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Anatomy of Global Stock Market Crashes: An Empirical Analysis This work is an exploration of the global market dynamics, their intrinsic natures, common trends and dynamic interlinkages during the stock market crises over the last twelve years. The study isolates different phases of crisis and differentiates between any crisis that remains confined to the region and those that take up a global dimension. The latent structure of the global stock market, the inter-regional and intra-regional stock market dynamics around the crises are analyzed to get a complete picture of the structure of the global stock market. The study further probing into the inherent nature of the global stock market in generating crisis finds the global market to be chaotic thus making the system intrinsically unstable or at best to follow knife-edge stability. The findings have significant bearing at theoretical level and on policy decisions. IMF 世界经济展望 - 2014.4 IMF: 新常态下的货币政策 (Monetary Policy in the New Normal) 瑞信 全球股票策略:动量反转(reversal in momentum)预示着什么? 瑞信 Commodity Advantage: Spring Stability, No Bounce 瑞信: 页岩革命(The Shale Revolution I & II,英文版,共343页 免费) 瑞信 全球经济季刊 2014.3 - Speeding up to AverageCredit Suisse (瑞信) 中国宏观策略 - 2014.3 |
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