Stock exchange indices and their impact on financial market's stability

The aim of this paper is to show that the fast information-communication, coupled with technological development, has created a high degree of dependence on financial and other markets. Such dependence in times of general economic growth through transmission channels had a huge impact on the stabili...

Full description

Bibliographic Details
Main Author: Gligorijević Saša
Format: Article
Language:English
Published: University Dzon Nezbit 2016-01-01
Series:Megatrend Revija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591601331G.pdf
_version_ 1818196632427036672
author Gligorijević Saša
author_facet Gligorijević Saša
author_sort Gligorijević Saša
collection DOAJ
description The aim of this paper is to show that the fast information-communication, coupled with technological development, has created a high degree of dependence on financial and other markets. Such dependence in times of general economic growth through transmission channels had a huge impact on the stability of financial markets, respectively to global economic prosperity. However, with the onset of the mortgage crisis, the transmission channels erupted to the fore and, above all, the stock market channel, which has played a key role in the speed and transfer of instability from one to the other markets. This is why its irreplaceable role in the functioning of modern market. Stock exchange channel we observed through the stock exchange indices, which represent an important indicator of financial market development, but also the economy as a whole. The paper uses the method of generalization observation average of stock market indices. As global underdeveloped stock markets have the greatest impact on the transmission of the crisis in an unstable period, so in this article we look at the stock indices elected representative markets such as: America, China and the European Union. Results of testing this interactive market largely allow us to come to the conclusion what impact the stock markets have on transmission of instability in the crisis period.
first_indexed 2024-12-12T01:37:10Z
format Article
id doaj.art-f41661c7c0ee4d90bc5ee8869022988b
institution Directory Open Access Journal
issn 1820-3159
language English
last_indexed 2024-12-12T01:37:10Z
publishDate 2016-01-01
publisher University Dzon Nezbit
record_format Article
series Megatrend Revija
spelling doaj.art-f41661c7c0ee4d90bc5ee8869022988b2022-12-22T00:42:48ZengUniversity Dzon NezbitMegatrend Revija1820-31592016-01-0113133134610.5937/MegRev1601331G1820-31591601331GStock exchange indices and their impact on financial market's stabilityGligorijević Saša0n/aThe aim of this paper is to show that the fast information-communication, coupled with technological development, has created a high degree of dependence on financial and other markets. Such dependence in times of general economic growth through transmission channels had a huge impact on the stability of financial markets, respectively to global economic prosperity. However, with the onset of the mortgage crisis, the transmission channels erupted to the fore and, above all, the stock market channel, which has played a key role in the speed and transfer of instability from one to the other markets. This is why its irreplaceable role in the functioning of modern market. Stock exchange channel we observed through the stock exchange indices, which represent an important indicator of financial market development, but also the economy as a whole. The paper uses the method of generalization observation average of stock market indices. As global underdeveloped stock markets have the greatest impact on the transmission of the crisis in an unstable period, so in this article we look at the stock indices elected representative markets such as: America, China and the European Union. Results of testing this interactive market largely allow us to come to the conclusion what impact the stock markets have on transmission of instability in the crisis period.http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591601331G.pdffinancial marketsa stock channelstock indicestransmission channelsinteractive market
spellingShingle Gligorijević Saša
Stock exchange indices and their impact on financial market's stability
Megatrend Revija
financial markets
a stock channel
stock indices
transmission channels
interactive market
title Stock exchange indices and their impact on financial market's stability
title_full Stock exchange indices and their impact on financial market's stability
title_fullStr Stock exchange indices and their impact on financial market's stability
title_full_unstemmed Stock exchange indices and their impact on financial market's stability
title_short Stock exchange indices and their impact on financial market's stability
title_sort stock exchange indices and their impact on financial market s stability
topic financial markets
a stock channel
stock indices
transmission channels
interactive market
url http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2016/1820-31591601331G.pdf
work_keys_str_mv AT gligorijevicsasa stockexchangeindicesandtheirimpactonfinancialmarketsstability