Research on microeconomic fundamentals of international financial Risk transmission : based on company data Angle

  • hongquan Li
Article ID: 478
154 Views, 10 PDF Downloads
Keywords: Global financial crisis financial contagion mechanism company data jel category number, F G[] [] [* *] G Ten

Abstract

The Global spread of financial integration and financial turmoil is a prominent feature of international financial markets today . This , through corporate data research aims to uncover microeconomic fundamentals of linkage and contagion . specifically , This article is built _ Sample of macro-microeconomic characteristics of typical listed companies in China , subprime crisis in America machine and subsequent euro debt crisis for typical events , Study and reveal the contagion of international financial market to China's capital market Channel and its heterogeneity impact . results show : companies with export competition in crisis countries , Direct trade with crisis state easy to exchange company , And companies that are more reliant on short-term debt are performing worse during the crisis . Research conclusion Validate product competitiveness , revenue effects and credit crunch are the main channels for contagion. , and illiquid assets Combination adjustment pressure does not appear on our market .

References

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Published
2018-09-17
How to Cite
Li, hongquan. (2018). Research on microeconomic fundamentals of international financial Risk transmission : based on company data Angle. Financial Forum. https://doi.org/10.18282/ff.v0i0.478
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Article