Subprime Crisis and Financial Contagion: Evidence from Tunisia
The purpose of this paper is to study the subprime crisis while focusing on the phenomenon of financial contagion. Subprime crisis is a crisis that has hit the U.S. mortgage sector and helped to trigger the financial crisis of 2007-2009. In the context of this study, we are interested in exposing th...
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| Format: | Article |
| Language: | English |
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EconJournals
2013-03-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31956/351889?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| _version_ | 1797923738919895040 |
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| author | Mongi GHARSELLAOUI |
| author_facet | Mongi GHARSELLAOUI |
| author_sort | Mongi GHARSELLAOUI |
| collection | DOAJ |
| description | The purpose of this paper is to study the subprime crisis while focusing on the phenomenon of financial contagion. Subprime crisis is a crisis that has hit the U.S. mortgage sector and helped to trigger the financial crisis of 2007-2009. In the context of this study, we are interested in exposing the subprime crisis and the contagion first point. The second point will be reserved for the transmission channels of contagion and the third point; we will try to assess the impact of liquidity on the capital market returns. This study shows that the Tunisian financial market does not seem to be very influenced by the subprime crisis. This can be explained by the intrinsic characteristics of the Tunisian market, an underdeveloped market and elemental thing that can make him more or less immune to that crisis. |
| first_indexed | 2024-04-10T14:50:55Z |
| format | Article |
| id | doaj.art-26459b1fb71c42bcb9e101e3c8ad88fa |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:50:55Z |
| publishDate | 2013-03-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-26459b1fb71c42bcb9e101e3c8ad88fa2023-02-15T16:07:36ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382013-03-01311531621032Subprime Crisis and Financial Contagion: Evidence from TunisiaMongi GHARSELLAOUIThe purpose of this paper is to study the subprime crisis while focusing on the phenomenon of financial contagion. Subprime crisis is a crisis that has hit the U.S. mortgage sector and helped to trigger the financial crisis of 2007-2009. In the context of this study, we are interested in exposing the subprime crisis and the contagion first point. The second point will be reserved for the transmission channels of contagion and the third point; we will try to assess the impact of liquidity on the capital market returns. This study shows that the Tunisian financial market does not seem to be very influenced by the subprime crisis. This can be explained by the intrinsic characteristics of the Tunisian market, an underdeveloped market and elemental thing that can make him more or less immune to that crisis.https://dergipark.org.tr/tr/pub/ijefi/issue/31956/351889?publisher=http-www-cag-edu-tr-ilhan-ozturksubprime crisis financial contagion intrinsic characteristics capital market returns tunisian market |
| spellingShingle | Mongi GHARSELLAOUI Subprime Crisis and Financial Contagion: Evidence from Tunisia International Journal of Economics and Financial Issues subprime crisis financial contagion intrinsic characteristics capital market returns tunisian market |
| title | Subprime Crisis and Financial Contagion: Evidence from Tunisia |
| title_full | Subprime Crisis and Financial Contagion: Evidence from Tunisia |
| title_fullStr | Subprime Crisis and Financial Contagion: Evidence from Tunisia |
| title_full_unstemmed | Subprime Crisis and Financial Contagion: Evidence from Tunisia |
| title_short | Subprime Crisis and Financial Contagion: Evidence from Tunisia |
| title_sort | subprime crisis and financial contagion evidence from tunisia |
| topic | subprime crisis financial contagion intrinsic characteristics capital market returns tunisian market |
| url | https://dergipark.org.tr/tr/pub/ijefi/issue/31956/351889?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| work_keys_str_mv | AT mongigharsellaoui subprimecrisisandfinancialcontagionevidencefromtunisia |