Asia-Pacific currencies structure aftermath Tohoku earthquake
This study investigates the aftermath of Tohoku earthquake to the structure of Asia-Pacific currencies.The M statistic and Minimum Spanning Tree (MST) are employed to study the stability of the covariance currencies structure and its causes, respectively.To filter the information from MST, we use a...
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| Format: | Article |
| Language: | English |
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MAXWELL Science Publication
2015
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| Online Access: | https://repo.uum.edu.my/id/eprint/21563/1/RJAEST%2011%202%202015%20%20215-220.pdf |
| _version_ | 1803628183563534336 |
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| author | Atiany, Tareq A.M. Sharif, Shamshuritawati |
| author_facet | Atiany, Tareq A.M. Sharif, Shamshuritawati |
| author_sort | Atiany, Tareq A.M. |
| collection | UUM |
| description | This study investigates the aftermath of Tohoku earthquake to the structure of Asia-Pacific currencies.The M statistic and Minimum Spanning Tree (MST) are employed to study the stability of the covariance currencies structure and its causes, respectively.To filter the information from MST, we use a degree centrality measure. The results showed that the Tohoku earthquake that struck Japan on March 2011 had increased the volatility of currencies exchange and made currencies unstable. From the control chart, it shows that the currencies are not stable from Jan 2010 until Dec 2011.Based on sample data of Nov 2011, we can conclude that LKR and HKD are the unstable currencies among the others. |
| first_indexed | 2024-07-04T06:17:54Z |
| format | Article |
| id | uum-21563 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:17:54Z |
| publishDate | 2015 |
| publisher | MAXWELL Science Publication |
| record_format | dspace |
| spelling | uum-215632017-04-20T05:08:44Z https://repo.uum.edu.my/id/eprint/21563/ Asia-Pacific currencies structure aftermath Tohoku earthquake Atiany, Tareq A.M. Sharif, Shamshuritawati QA Mathematics This study investigates the aftermath of Tohoku earthquake to the structure of Asia-Pacific currencies.The M statistic and Minimum Spanning Tree (MST) are employed to study the stability of the covariance currencies structure and its causes, respectively.To filter the information from MST, we use a degree centrality measure. The results showed that the Tohoku earthquake that struck Japan on March 2011 had increased the volatility of currencies exchange and made currencies unstable. From the control chart, it shows that the currencies are not stable from Jan 2010 until Dec 2011.Based on sample data of Nov 2011, we can conclude that LKR and HKD are the unstable currencies among the others. MAXWELL Science Publication 2015-11-15 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/21563/1/RJAEST%2011%202%202015%20%20215-220.pdf Atiany, Tareq A.M. and Sharif, Shamshuritawati (2015) Asia-Pacific currencies structure aftermath Tohoku earthquake. Research Journal of Applied Sciences, Engineering and Technology, 11 (2). pp. 215-220. ISSN 2040-7459 http://www.airitilibrary.com/Publication/alDetailedMesh?docid=20407467-201509-201512090023-201512090023-215-220 |
| spellingShingle | QA Mathematics Atiany, Tareq A.M. Sharif, Shamshuritawati Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title | Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title_full | Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title_fullStr | Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title_full_unstemmed | Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title_short | Asia-Pacific currencies structure aftermath Tohoku earthquake |
| title_sort | asia pacific currencies structure aftermath tohoku earthquake |
| topic | QA Mathematics |
| url | https://repo.uum.edu.my/id/eprint/21563/1/RJAEST%2011%202%202015%20%20215-220.pdf |
| work_keys_str_mv | AT atianytareqam asiapacificcurrenciesstructureaftermathtohokuearthquake AT sharifshamshuritawati asiapacificcurrenciesstructureaftermathtohokuearthquake |