scholarly journals Financial contagion simulation through modelling behavioural characteristics of market participants and capturing cross-market linkages

2011 ◽  
Author(s):  
Antoaneta Serguieva ◽  
Fang Liu ◽  
Paresh Date
Keyword(s):  
Financial Contagion ◽  
Market Participants ◽  
Market Linkages ◽  
Behavioural Characteristics

scholarly journals Market Definition in the Platform Economy

2021 ◽  
pp. 1-37
Author(s):  
Jens-Uwe FRANCK ◽  
Martin PEITZ
Keyword(s):  
Network Effects ◽  
Current Practice ◽  
Single Market ◽  
Market Definition ◽  
Market Participants ◽  
Market Linkages ◽  
Homing Behaviour ◽  
Economic Forces ◽  
Platform Economy

Abstract The article addresses the role market definition can play for EU competition practice in the platform economy. The focus is on intermediaries that bring together groups of users whose decisions are interdependent, which therefore are commonly referred to as ‘two-sided platforms’. We address challenges to market definition that accompany these cross-group network effects, assess current practice in a number of competition cases, and provide guidance for adapting practice to properly account for the economic forces shaping markets with two-sided platforms. We ask whether and when a single market can be defined that encompasses both sides. We advocate a multi-markets approach that takes account of cross-market linkages, acknowledges the existence of zero-price markets, and properly accounts for the homing behaviour of market participants.

scholarly journals An Investigation into Dynamic Conditional Correlation of Pakistan Stock Market with its Trade Partners – Under Covid-19 Perspective

2021 ◽  
Vol 10 (1) ◽  
pp. 100-118
Author(s):  
HINA SHAHRUKH ◽  
IMRAN ABBAS JADOON ◽  
RAHEEL MUMTAZ
Keyword(s):  
Stock Market ◽  
Stock Markets ◽  
Positive Sign ◽  
Financial Contagion ◽  
Health Crisis ◽  
Dynamic Correlation ◽  
Market Participants ◽  
Market Dynamic ◽  
The Impact ◽  
Trade Partners

This study investigates the financial linkage of Pakistan stock market with those of its three major trade partners i.e., China, UK and USA and the impact of ongoing global health crisis (Covid-19) on this linkage. A Dynamic Conditional Generalized Autoregressive Conditional Heteroscedasticity (DCC-GARCH) approach was used to calculate dynamic correlation coefficient between the countries’ stock markets by using the daily price data of MSCI indices spanning the period 1st January 2016 to 31 December 2019 (Pre COVID-19 period) and 1st January 2020 to 30th June 2020 (COVID-19 period). The empirical results of the study highlighted that the integration of Pakistan stock market with the sampled countries was relatively low before the COVID 19 pandemic – which indicated a positive sign for market participants to diversify their portfolios. However, after the pandemic breakout, the correlation among stock markets increased substantially, indicating the significant role played by the shock events in the transmission of financial contagion between different stock markets. Keywords: Stock Market, Dynamic Conditions, Covid-19, Pakistan.

International Conference "Ecology. Human. Society"

2017 ◽  
Author(s):  
Daniel Benatov
Keyword(s):  
Educational Process ◽  
Direct Access ◽  
Human Society ◽  
Public Authorities ◽  
State Institutions ◽  
The Public ◽  
Market Participants ◽  
New Information ◽  
Training Courses ◽  
Process Element

Our conference is the first project of Student Science Association, which was restored in our University in 1998. The main peculiarity of the conference is the student organizing committee. The conference was attended by representatives of Russia, Belarus, Sweden, Poland, Bulgaria, Armenia, Azerbaijan, Czech Republic, Lithuania, Latvia, Georgia, Iran, not mentioning hundreds of Ukrainian participants. We’re happy with the fact that our conference allows students to discover new information, which they wouldn’t find in training courses manuals; contrariwise businesses and organizations can get direct access to young and qualified staff. We believe that events like our conference are useful for the young scientists and also for the public authorities and businesses. Conference "Ecology. Human. Society "is a part of feedback between universities and market participants. The conference has overgrown limits of being simple educational process element. Today, it is a serious recruiting resource for state institutions and businesses - an important part of a mutually beneficial dialogue.

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