Add to ORKGThe aim of this paper is to examine the impact on bank stock prices of the Asian and Russian financial crises for a sample of European banks. This issue is of importance regarding financial fragility and contagion effects within the banking industry. We develop an event study methodology based on a large number of macroeconomic news and on public announcements of individual bank exposure during the sharpest episodes in 1997 and in 1998. Whereas bank stocks did not react promptly to the Asian crisis we show evidence of significant abnormal returns for a large number of banks to events of the Russian Crisis suggesting the presence of contagion effects
© Medwell Journals, 2015. Both economic and financial crises have negative impact on the banking sec...
This paper studies the reaction of bank lending in times of higher risk aversion. In particular, we ...
The aim of this paper is to see whether, for a range of countries and time periods, there is any sys...
The aim of this paper is to examine the impact on bank stock prices of the Asian and Russian financi...
http://www.cairn.info/revue-d-economie-politique-2006-4-page-457.htmInternational audienceThe aim of...
This paper investigates the reaction of US, European and Japanese bank stocks to economic and politi...
International audienceThe main objective of this paper is to empirically assess the issue of asymmet...
The paper assesses whether the European banks’ stock prices are predicted or affected by changes in ...
Since 2007, the European Central Bank responded decisively to the challenges posed by the global fin...
Following the 1997 nancial crisis in East Asia, the issue of contagion has resurfaced. Contagion has...
The Asian financial crisis that started in mid-1997 led to the International Monetary Fund\u27s (IMF...
This paper examines the impact of the Asian crisis on bank stocks. In the second half of 1997, Weste...
The Russian and LTCM financial crises in 1998 originated in bond markets, but rapidly transmitted th...
© Medwell Journals, 2015. Both economic and financial crises have negative impact on the banking sec...
This paper studies the reaction of bank lending in times of higher risk aversion. In particular, we ...
The aim of this paper is to see whether, for a range of countries and time periods, there is any sys...
The aim of this paper is to examine the impact on bank stock prices of the Asian and Russian financi...
http://www.cairn.info/revue-d-economie-politique-2006-4-page-457.htmInternational audienceThe aim of...
This paper investigates the reaction of US, European and Japanese bank stocks to economic and politi...
International audienceThe main objective of this paper is to empirically assess the issue of asymmet...
The paper assesses whether the European banks’ stock prices are predicted or affected by changes in ...
Since 2007, the European Central Bank responded decisively to the challenges posed by the global fin...
Following the 1997 nancial crisis in East Asia, the issue of contagion has resurfaced. Contagion has...
The Asian financial crisis that started in mid-1997 led to the International Monetary Fund\u27s (IMF...
This paper examines the impact of the Asian crisis on bank stocks. In the second half of 1997, Weste...
The Russian and LTCM financial crises in 1998 originated in bond markets, but rapidly transmitted th...
© Medwell Journals, 2015. Both economic and financial crises have negative impact on the banking sec...
This paper studies the reaction of bank lending in times of higher risk aversion. In particular, we ...
The aim of this paper is to see whether, for a range of countries and time periods, there is any sys...