Information flows during Asian crisis-BIS paper

In a BIS working paper "Information flows during the Asian crisis: Evidence from closed-end funds" Benjamin H Cohen and Eli M Remolona look at the collapse of stock markets that took place over several months during the Asian crisis in 1997 and ask what information was driving the markets: Did information flow from the domestic Asian markets to overseas markets, or vice versa?

Abstract for working paper No. 97

A salient feature of the Asian crisis of 1997 was a collapse of stock markets that took

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account