Cross-market co-movements between the U.S. and the MIST countries

This book investigates contagion from the United States to the MIST countries (Mexico,Indonesia, South Korea, and Turkey) as a result of the 2007-2009 global financial crisis (US Financial Crisis Inquiry Commission, 2011). Contagion is defined as a significant increase in cross-market correlation after a shock to one country. From a portfolio diversification perspective, especially Indonesia and South Korea appear to be attractive investment targets, since these exhibit relatively low levels of correlation with the United States and are unaffected by the crisis.

Autorentext

Filip holds a BSc in International Business Administration and a MSc in Finance & Investment from the Rotterdam School of Management, Erasmus University. He wrote "Cross-market co-movements between the U.S. and the MIST countries: evidence from equity markets during the 2007-2009 global financial crisis?" in 2012. Currently he works at Google.