Matches in SemOpenAlex for { <https://semopenalex.org/work/W4200218162> ?p ?o ?g. }
Showing items 1 to 59 of
59
with 100 items per page.
- W4200218162 endingPage "114" @default.
- W4200218162 startingPage "114" @default.
- W4200218162 abstract "<p><strong>A</strong><strong>bstract</strong><strong>.</strong> The 1997 Asian financial crisis, which occurred until 1998, had a significant impact on the economies of Asian countries, including South Korea. The crisis brought down the South Korean currency quickly and sent the economy into sudden decline. Because the impact of the financial crisis was severe and sudden, South Korean requires a system which able to sight crisis signals, therefore that, the crisis will be fended off. One in all the indicators that can detect the financial crisis signals is that the term of trade indicator which has high fluctuation and change in the exchange rate regime. The mixture of Markov Switching and volatility models, Generalized Autoregressive Conditional Heteroscedasticity (GARCH), or MS-GARCH could explain the crisis. The MS-GARCH model was built using data from the South Korean term of trade indicator during January 1990 until March 2020. The findings obtained in this research can be inferred that the best model of the term of trade is MS-GARCH (2,1,1). Term of trade indicator on that model could explain the Asian monetary crisis in 1997 and also the global monetary crisis in 2008. The smoothed probability of term of trade indicators predicts in April till December 2020 period, there will be no signs of the monetary crisis in South Korea.</p><p><strong>Keywords</strong><strong>: </strong>financial crisis, MS-GARCH, South Korea, term of trade indicator</p>" @default.
- W4200218162 created "2021-12-31" @default.
- W4200218162 creator A5009685537 @default.
- W4200218162 creator A5034481910 @default.
- W4200218162 creator A5056390834 @default.
- W4200218162 date "2021-11-29" @default.
- W4200218162 modified "2023-09-24" @default.
- W4200218162 title "Early Detection of South Korean Financial Crisis using MS-GARCH Based on Term of Trade Indicator" @default.
- W4200218162 doi "https://doi.org/10.13057/ijas.v4i2.49169" @default.
- W4200218162 hasPublicationYear "2021" @default.
- W4200218162 type Work @default.
- W4200218162 citedByCount "0" @default.
- W4200218162 crossrefType "journal-article" @default.
- W4200218162 hasAuthorship W4200218162A5009685537 @default.
- W4200218162 hasAuthorship W4200218162A5034481910 @default.
- W4200218162 hasAuthorship W4200218162A5056390834 @default.
- W4200218162 hasBestOaLocation W42002181621 @default.
- W4200218162 hasConcept C101104100 @default.
- W4200218162 hasConcept C106159729 @default.
- W4200218162 hasConcept C139719470 @default.
- W4200218162 hasConcept C141121606 @default.
- W4200218162 hasConcept C149782125 @default.
- W4200218162 hasConcept C162324750 @default.
- W4200218162 hasConcept C23922673 @default.
- W4200218162 hasConcept C2776671347 @default.
- W4200218162 hasConcept C2778300220 @default.
- W4200218162 hasConcept C556758197 @default.
- W4200218162 hasConcept C91602232 @default.
- W4200218162 hasConceptScore W4200218162C101104100 @default.
- W4200218162 hasConceptScore W4200218162C106159729 @default.
- W4200218162 hasConceptScore W4200218162C139719470 @default.
- W4200218162 hasConceptScore W4200218162C141121606 @default.
- W4200218162 hasConceptScore W4200218162C149782125 @default.
- W4200218162 hasConceptScore W4200218162C162324750 @default.
- W4200218162 hasConceptScore W4200218162C23922673 @default.
- W4200218162 hasConceptScore W4200218162C2776671347 @default.
- W4200218162 hasConceptScore W4200218162C2778300220 @default.
- W4200218162 hasConceptScore W4200218162C556758197 @default.
- W4200218162 hasConceptScore W4200218162C91602232 @default.
- W4200218162 hasIssue "2" @default.
- W4200218162 hasLocation W42002181621 @default.
- W4200218162 hasOpenAccess W4200218162 @default.
- W4200218162 hasPrimaryLocation W42002181621 @default.
- W4200218162 hasRelatedWork W100785939 @default.
- W4200218162 hasRelatedWork W104899527 @default.
- W4200218162 hasRelatedWork W1361267 @default.
- W4200218162 hasRelatedWork W38681831 @default.
- W4200218162 hasRelatedWork W50295060 @default.
- W4200218162 hasRelatedWork W53207967 @default.
- W4200218162 hasRelatedWork W583700 @default.
- W4200218162 hasRelatedWork W6519627 @default.
- W4200218162 hasRelatedWork W66365266 @default.
- W4200218162 hasRelatedWork W6690206 @default.
- W4200218162 hasVolume "4" @default.
- W4200218162 isParatext "false" @default.
- W4200218162 isRetracted "false" @default.
- W4200218162 workType "article" @default.