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dc.contributor.advisorRacine, Marieen_US
dc.creatorZhu, Zhengen_US
dc.date.accessioned2015-01-06T12:00:17Z
dc.date.available2015-01-06T12:00:17Z
dc.date.created2014-11en_US
dc.date.issued2015-01-05en_US
dc.date.submittedNovember 2014en_US
dc.identifier.urihttp://hdl.handle.net/10388/ETD-2014-11-1869en_US
dc.description.abstractContagion among countries and sectors when a financial crisis breaks out is currently under scrutiny. The existing literature focuses on establishing the existence of contagion among equity markets but relatively little attention is devoted to examining which channels spread the shock to individual sectors. This study extends the literature by estimating a time-series of contagion for sectors identified as contagious, investigating three potential channels of shock transmission and investigating the role of the channels as the severity of contagion increases. Using data for 16 emerging markets and nine industrial sectors for the 2007-2009 financial crisis, we find that the global channel provides a mechanism that stabilizes and mitigates contagion while the country channel is the primary force encouraging contagion and the sector channel is ineffective. We also find the role of each channel may change as the severity of contagion increases.en_US
dc.language.isoengen_US
dc.subjectContagion, channels of contagion transmission, structure of contagionen_US
dc.titleContagion, Channels of Shock Transmission and Structure of Channel Performanceen_US
thesis.degree.departmentEdwards School of Businessen_US
thesis.degree.disciplineFinanceen_US
thesis.degree.grantorUniversity of Saskatchewanen_US
thesis.degree.levelMastersen_US
thesis.degree.nameMaster of Science (M.Sc.)en_US
dc.type.materialtexten_US
dc.type.genreThesisen_US
dc.contributor.committeeMemberTannous, Georgeen_US
dc.contributor.committeeMemberWilson, Craigen_US
dc.contributor.committeeMemberChaban, Maxymen_US


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