Document Type

Journal Article

Department/ Unit

Department of Economics

Abstract

This paper examines the impact of the 1997 Asian Financial Crisis on the linkages between the Singapore and five Asian-Pacific stock markets. We show that the interdependence between these markets has intensified after the crisis. Before the crisis, only the Malaysian stock market is found to be cointegrated with Singapore. However, after the onset of the crisis, the stock markets of Hong Kong, Japan, Malaysia and the US are found to be cointegrated with the Singapore stock market.

Publication Year

2008

Journal Title

Economics Bulletin

Volume number

6

Issue number

16

Publisher

Economics Bulletin

First Page (page number)

1

Last Page (page number)

7

Referreed

1

ISSN (print)

1545-2921

Link to Publisher’s Edition

http://www.accessecon.com/pubs/EB/2008/Volume6/EB-08F30013A.pdf

Included in

Economics Commons

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