(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets SIANSTOCK MARKETSMASTER THESISHo Chi Minh City 2011MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITY-8V 1976TRÀN THỪY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED ASIAN STOCK MARKETSMAJOR: BANKING AND FINANCE MAJOR CODE: 60.31.12MASTER THESISSupervisor: DO (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets CTOR VO XUAN VINHPROFESSOR TRAN HOANG NGANHo Chi Minh City 20 ỉ IACKNOWLEDGEMENTFirst and foremost, I am very much indebted to Doctor Vo Xuan Vinh lor(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
the sociable, motivation and professional guidance and comment. 1 understand you sacrificed your valuable lime and resources to help me conduct this MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets . Thank you very much lor your understanding, commitment and your advice regarding my thesis.Professors and the entire lecturers in University of economics 11CMC. 1 thank you for academic guidance and other support during my study.My master's classmates, I thank you for your advice and 1 will always (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets cherish the moments we had together.Last but not least. 1 would like to thank my family, especially my husband, my baby for the moral support and pat(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
ience. 1 am particularly grateful to them for the moral and advisory support during the entire of my studies and my life.ABSTRACTThe international relMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets Vietnamese and foreigner investors. Vietnam becomes widely opening the trade and equity market since its entering to WTO in 2007. And recent movements of international financial liberation in Vietnam and its region raise questions whether Vietnam and its region stock markets in Asian are being integ (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets rated into world slock markets. This research aims to examine that Vietnam and related Asian stock markets have interrelationships to the world stock(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
markets using the daily data for the period 2005-2010. In determining the impact of the international financial crisis on interrelationship amongst stMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets crisis period spans from July 23. 2007 to June 30. 2010. Seven indices of six stock markets are chosen based on the countries* level of development and geographical factor. Six stock markets are Vietnam (Vietnam index). Singapore (Straits limes’ index). Hong Kong (Hang Seng index). China (Shanghai s (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets tock exchange). Japan (Nikkei index) and United Slates (Standard & Poor's index and Dow Jones index).The first content examines whether there is long(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
run comovement amongst the stock markets in sample. Bivariate and multivariate Johansen test are applied to daily stock price and daily stock return aMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets whether there is causal relationship amongst these markets using Granger causality test. The converging test is employed to know whether they are converging over time. To analyses the return linkage, we replied on variance decomposition analysis.The first finding of research is that only two cointe (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets grations exist between two pairs of US-China and US-Hong Kong slock market in the pre crisis period and noiicointegrations exist in the crisis period(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
when we conduct the bivariate Johansen test for daily stock price. Moreover, we also could not find the cointegration exist when multi variate JohanseMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets esults of both bivariate and multivariate test for daily return are opposite. Cointegrations are found in the pre crisis and during the crisis period. Il can be concluded that portfolio diversification may not bring benefits to investors. The Granger causality test results indicate the current globa (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets l financial crisis affect significantly to the Granger causality relationship amongst the markets in sample and US market are recognized as a signific(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
ant influence on the returns of Asian stock markets. In addition, converging trend lest results find that seven indies of six Slock markets converge tMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets r Hong Kong and China, the other markets are converging lo the group and US stock markets in the pre crisis lime. When apply the variance decomposition analysis, we gel the findings demonstrate that most of indices of six stock markets in our sample demonstrate the strong endogenous characteristics (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets except for US. Vietnam and China Slock market. Generally, the results of this research find the relationship amongst Vietnam. US and other related Asi(LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets
an stock markets in both sub periods. Hence, the Vietnam and international investors should focus on portfolio diversification to other stock markets.MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED AS (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets orld because high international financial integration will help to upgrade the financial development.Key word: cointegration, stock markets. Granger causality, integrationiiiTABLE OF CONTENTAcknowledgement............................................iAbstract.......................................... (LUẬN văn THẠC sĩ) the relationship between vietnam united states and related asian stock markets ........iiMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED ASMINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITYTRAN THÙY HUYÊNTHE RELATIONSHIP BETWEEN VIETNAM, UNITED STATES AND RELATED ASGọi ngay
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